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An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary. These communities are set up to accommodate older individuals who ...
Even if you can afford to live in a 55-plus community, additional fees will have a way of eating into your retirement budget. For example, amenities can total roughly $200 a month, meaning an ...
Single-family homes range from 2,408 to 4,330 square feet, and two-story townhouses range from 1,933 to 2,497 square feet, according to the website. Amenities include a clubhouse, sports courts, a ...
Typical residents. A typical independent senior living community resident is a person 55 and older who is mentally and physically capable of living alone without skilled nursing or assistance with day-to-day activities. Some residents may need assistance with a few activities of daily living and can obtain third-party home health care services.
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [ 1 ] Some of the characteristics typically are: the community must be ...
March 15, 2024 at 8:08 PM. A pair of Iowa developers has filed for bankruptcy in federal court, leaving the future of homes and properties in three states — including those yet to be constructed ...
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