The modified contract covers a specific amount of long-term nursing care in the monthly payments. Once the specified amount is used, the resident must pay for any additional nursing care. This is the least expensive plan because all future long-term nursing costs must be paid for separately from the contract. Consult your financial planner to help you determine which plan is best for you. Independent living is for people who want to and are able to live independently but do not want to maintain a home.
Many people prefer to live in a community with others of the same age and with similar interests.
An independent retirement community allows for a great deal of social activities and trips. Many independent living facilities also offer prepared meals and provide a wide range of amenities.