Independent Living: Everything You Need and More

Both Independent Living Communities and Life Plan Communities (also known as Continuing Care Retirement Communities or CCRCs) are designed for active older adults seeking a vibrant, maintenance-free lifestyle. However, there are key differences in how they’re structured, especially regarding financial commitments and future care.

Independent Living Rental Communities Independent Living Communities Offering a Rental Contract: An Independent Living Community is ideal for seniors who want to enjoy all the benefits of retiring, without the up front financial commitment of a hefty entrance fee when the community offers a monthly rental contract.

Residents pay a predictable monthly fee for their apartment and a host of services such as housekeeping, transportation, dining options, and wellness programs. Home maintenance and yard work are taken off their plates, freeing up more time for travel, hobbies, and connecting with friends. Rental living offers maximum flexibility and convenience.

Life Plan Communities (CCRCs) In contrast, Life Plan Communities typically require a significant entrance fee and monthly fees. In exchange, they provide a continuum of on-site care, including assisted living, memory care, and skilled nursing, , which often offers priority access when needed. This type of community may appeal to those who want to plan for long-term care in advance.

Why Choose Independent Senior Living With Monthly Rent? Rental-based independent living communities, like the Independent Living option at Burcham Hills, offer a unique blend of independence, lifestyle, and peace of mind.

Here, you get the freedom of a carefree lifestyle without tying up your assets in a buy-in. And if your needs ever change, you still have access to higher levels of care on campus, with priority access and personalized support. That’s peace of mind for you and your family members.

It’s a smart solution for those who want to live well today and be flexible for whatever tomorrow brings.

When considering senior living options, it is essential to understand the financial differences between a rental-based independent living community and a Life Plan Community.

Independent Living Rental Pricing Rental communities offer a straightforward, pay-as-you-go structure. At Burcham Hills, your monthly fee includes your apartment and services such as housekeeping, dining, maintenance, scheduled transportation, and access to a full calendar of lifestyle programming.

There’s no large entrance fee, no long-term contract, and no need to commit significant assets up-front. This gives you greater financial flexibility and the ability to maintain control of your resources.

Life Plan Community Costs Life Plan Communities (CCRCs) typically require a substantial entrance fee – often ranging from tens to hundreds of thousands of dollars – plus ongoing monthly fees. That entrance fee helps cover future care, guaranteeing access to on-site assisted living, memory care, or skilled nursing if your health needs change. While this model can provide long-term security, the significant up-front investment may not make sense for everyone.

Which Is Right for You? Independent living rental pricing appeals to those who want to enjoy the lifestyle benefits of senior living without a significant financial commitment. It’s ideal for individuals who prefer flexibility, want to preserve their assets, or aren’t ready to make a long-term decision.

At Burcham Hills, Independent Living Plus combines the convenience of rental living with access to a full continuum of care, offering you the best of both worlds.