One of the biggest questions and possible misconceptions about moving to a retirement community is what it will cost. It may be surprising to seniors when, in some cases, their living expenses in a retirement community are actually less on a monthly basis than their current living costs.

A resident at Meth-Wick doesn’t invest in real estate. They invest in peace of mind that comes from their supportive and secure environment. With various levels of personal care and six different lifestyle options, residents can find their best personal fit.

Julie Farmer, Sales Manager, breaks down a few FAQs about affordability for you to use as a guide in your retirement community search:

• How are monthly fees/dues calculated? How often are they adjusted? What has been the annual average increase over the years? Our prices are based on the services that are provided on a monthly basis. Prices are adjusted annually based on budget analysis of cost of services and have increased approximately 3-5% over the past few years.
• What if we outlive our assets and our long-term care insurance? Meth-Wick is a non-profit that has been in existence since 1961 and has several foundation type funds. For over 50 years, a promise has been kept that if someone is a resident at Meth-Wick outlives their resources through no fault of their own, they will remain at Meth-Wick and have the continued care they need. We participate in the State Medicaid Program as well as using the interest income from the charitable funds for our residents only.

At Meth-Wick, we have competitive prices to give you peace of mind to live a carefree life. Any service you may need in your future life, we have available. With a little research and by asking the right questions, seniors will find the cost of a retirement community is affordable and is within a range that they can feel comfortable paying.