Is a 55-Plus Community Right for You?

Whether you decide to move to a 55-plus community ultimately depends on your lifestyle, health, and finances. Altrendo Images/Shutterstock

As you move closer to retirement, your needs and lifestyle may change. You may want to downsize or find a community where you feel comfortable. You, and many others, may consider a 55-plus community.

But will a 55-plus community be a good fit for you? There are many things to take into consideration before making the move. From the cost to the rules and regulations, there are aspects you’ll need to deliberate to decide whether a 55-plus community is for you.

Different Retirement Community Categories

A 55-plus community is considered “senior living.” It’s a term that acts as an umbrella for many different communities. It’s regarded as a category, not a type of living.