Resort Retirement Communities

- associated with hotels, restuarants, full service housekeeping
- activity/location oriented: golf courses, waterfront, equestrian or wine country
- condos, houses and hotel style suites
- purchase and own
- reverse mortgage applicable
- events on property: concerts, tournaments, art festivals

Example: Silverado Resort

Purchase and Own
55+ Communities

• Owned units
• One person must be 55+
• Monthly dues
• Sports and activities included
• Some transportation provided
• Security gates
• Near a medical center
  
  Example: Villa Marin, San Rafael
  

Independent Retirement Living
Apartments for Seniors

• Healthy Senior – No age limit

• Includes:

• 2 meals per day + kitchenette
• Some pets allowed
• House cleaning and laundry (optional)
• 24 hr. security and emergency features
• Studio apartments, 1 and 2 bedroom units available
• One year lease or month-to-month rental

Example: Atria Tamalpias Creek

Assisted Living Communities
An interim step between independent retirement living and a nursing home

• Assistance with daily activities
• Independent apartment
• 3 meals per day included plus housekeeping and laundry
• Rental community
• Licensed by: various state agencies

Example: Aegis of Napa

Continuing Care Retirement Communities, 75+

• Multiple levels of care within the same community
• Similar to a country club membership – a buy-in fee + monthly dues
• Designed for 75+ years – may have an age ceiling
• Healthy upon entrance
• 50-500 residents
• A senior pays for the level of care they need
• Monthly fee includes long term care insurance

Example: The Sequoias

• Usually owned by non-profit organizations
• Similar to Continuing Care Retirement Community with different levels of care
• Average age 75 years – healthy upon entry
• Large tax deduction first year (donation)
• 1 to 5 year prorated return of initial investment if it doesn't work out
• Monthly fee is level from the beginning with only a yearly cost-of living increase

Example: Elder Care Alliance