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.
Anne Johnson
Author
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.
