Monday, March 30, 2009

Retirement Communities Become Creative

With the economy just in its initial stages of rebound, Retirement Communities are becoming highly creative. Financially it makes sense. An empty room does not generate profit and can be an overhead burden.

Some of the interesting approaches have been to have deferred entrance fees which are not due until your home sells; teaming with realtors to get homes sold and lower initial rates till homes sell. All of these work to offset the losses that families have encurred and allow their investments to stay invested until they pick up again.

Most important though is that people who need to move are not being held back by financial concerns. They are able to transition in to a community with less worry and focus more on taking care of themselves and their care givers. Moving Services such as Elder Moves, Inc. can assist with the transitions. For more information in your area contact a care manager who has experience and can point you in the right direction.

On a bright note that Butler Basketball team made us proud! We also were able to devote a 1/2 day to helping at the Generseat sponsored homeless clinic held at the Indianapolis Convention Center.