In contrast to buy-in communities, rental senior living communities like The Merion in Evanston, IL, offer a lease-based living option with far more flexibility, advantages and amenities than you may have expected. While there are many, here are five distinct advantages you’ll enjoy living in a senior living rental community today and in the future. Read on to learn all about them.
The investments you’ve made remain yours.
At a buy-in senior living community, you’ll pay a large entrance fee, which goes into the community’s fund to pay for long-term care you may never need. In contrast, when you move to a rental community, your retirement savings stay intact. Renting in a senior living community helps protect your finances by keeping more money in your pocket. At The Merion, you’ll feel great relief knowing your remaining assets and long-term investments are stable, providing a stronger safety net should care needs change.
There are no hidden costs.
With an all-inclusive monthly fee, you secure a maintenance-free residence, access to all the available community amenities and services, fine dining, activities calendar, and so much more. With all this included, you’ll never be surprised by hidden costs. And you might be surprised to find it’s an even better value than living at home.
There’s greater freedom and flexibility.
The benefits of living in a rental community like The Merion are numerous, regardless of your age. There’s more financial freedom and flexibility when you live in a rental community since you aren’t bound by a contract. And no matter your health needs, our MerionCares program helps you age-in-place by providing care services right in your apartment.
You will enjoy all the benefits of senior living without a long-term commitment.
At The Merion, a rental senior living community, you’ll get all the services and amenities expected from a world-class retirement resort without the need for a large buy-in fee. Amenities include fine dining, lifelong learning, a full activities calendar and more.
Experience More at The Merion.
Learn more about our independent living rental community today, and check out our upcoming events.