A retirement home – sometimes called an old people's home or old age home, although old people's home can also refer to a nursing home – is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has
Commonly referred to as assisted living or old age homes, retirement homes are private facilities built explicitly for retirees. They aim to give a chance for seniors to live their normal lives without risking their health and safety by offering care and support services on standby.
Retirees living in retirement homes can stay there for years. They remain independent even while undergoing treatment, therapy, or recovery.
There are numerous types of assisted living homes. They exist for various lifestyles, preferences, and economic classes.
Retirement Communities: For seniors who can afford to live in townhouses, condominiums, apartments, and other similar structures with other individuals in their age group
Congregate Care: For seniors who want to live independently in an apartment setting that may have a lobby and recreational areas. Continuing Care Retirement Communities: For healthy seniors who wish to have a concrete plan in case of future illnesses through assisted living and congregate care. Subsidized Senior Housing: For seniors who are looking for a more affordable place to live. As for the cost of retirement homes, the fees are generally charged monthly. Those facilities have the freedom to set lower or higher prices.