Feature
Connection - May 2007 |
Masonic Village
at Sewickley:
Retirement
Communities
Are
Not All Alike
By Jeff Mohler, Marketing Manager
When Bob Lyons (77), a
Wexford native for 31 years,
began looking at retirement
communities back in 2002, he was
impressed but still not convinced that
it made sense for him. Having been
a Florida resident since retirement, it
wasn’t until 2004 that he decided to
return to his Pittsburgh roots and
moving to a retirement community
began to add up. “I looked at more
than just Masonic Village, but I liked the
certainty of knowing what my costs are no
matter what might happen to me,” Bob said.
Bob moved into Masonic Village in 2005 and
currently chairs the community’s food service
committee, serves on the activity committee
and resident officers’ nominating committee.
He can also be found in the Village’s fitness
center several days a week, playing golf or
leading tours for prospective residents during
open house events. “I remember my oldest son being very
reluctant when I discussed the move to Masonic Village, but,
that was before he visited and met some of its residents,” Bob
said. “The friendliness of everyone here is remarkable, and if
you are bored, it’s your own fault.”
The Masonic Village at Sewickley is now nearly full after
completing most of its construction by the fall of 2003. Like
some of the region’s other larger retirement living providers,
the Village is experiencing a market where the demand continues
to outpace the supply. It seems retirees are living
longer and planning better than those of past generations.
For many, life has just too much to offer to become
bogged down with never-ending home maintenance. Others
are attracted to the social opportunities and amenities — such
as large indoor pools — offered at some of the newer communities.
And still others are seeking a secure but active
lifestyle, while preparing for future unknowns. With families
spreading out and children relocating to other areas, the burden
of finding care for a parent after a catastrophic health
event can be overwhelming.
A recent survey sponsored by the Alliance for Aging
Research claimed that “over two-thirds of Pennsylvania residents
fear losing their independence and having to spend the
last years of their lives in a nursing home.” The American
Stroke Association estimates there are about 5.7 million
stroke survivors living in the United States today, many with
permanent disabilities or residing in nursing homes. The fact
is that as more people live longer, the number requiring assistance
increases as well.
Continuing care retirement communities
ease these fears while also offering a lifestyle
of fine dining, fitness facilities, social and
recreational activities, continued education
and companionship.
Keep in mind, however, that all
retirement communities are not alike.
Retirement communities are usually
divided into two major types and are
referred to as either a Lifecare community
or fee-for-service community.
As a Lifecare community, Masonic
Village offers the added benefit that
monthly fees remain the same if residents
need to move to assisted living or nursing
care in the future. This protects assets from
being depleted in a long-term care situation. It
also allows the opportunity for an additional
tax incentive.
A fee-for-service retirement community
will usually offer lower fees initially, but these
convert to a much higher daily rate if a resident
needs care down the road Extended
nursing care is a major cause of the depletion of assets that
often take a lifetime to accumulate.
The only way to know if a retirement community is the
best alternative for your future is to get out and visit a few.
Consider the stability of the organization that backs the community.
Is it conveniently located? Talk to existing residents.
Be sure to compare monthly fees and understand what they
include. The options, community style and amenities could
differ greatly with each.
If you would like to visit Masonic Village at Sewickley, call
1-866-872-0664 to schedule a personal tour, attend an
upcoming open house or Lifecare seminar or to get directions.
s
senior living
32 NC n MAY 2007 WWW.NORTHERNCONNECTIONMAG.COM
Masonic Village resident, Bob
Lyons, includes a fitness workout
several days a week as a
part of his retirement community
lifestyle.
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