Mimi Travis was living happily in her co-op in center city Philadelphia with no intention of moving...until she accompanied her friend to a sales meeting at Ann's Choice, the Erickson Senior Living community in Bucks County, Pa.
“I was happy to support my friend with this big decision. I had been on the board of my co-op for nine years, so I knew what to ask. I brought a legal pad with three pages of questions, and they answered every single one to my complete satisfaction,” Mimi recalls with a smile.
After the meeting, they looked at several apartment homes. As soon as Mimi saw one with a large bay window—and confirmed that her friend didn't want it—she was sold. “I moved within two months,” she says. “I've been here for six years, and it was the best decision I ever made.” Several factors changed the former city-dweller's mind. First, she wanted to know that she would be cared for in the future if her health changed. “I was single without children. I thought, ‘Who's going to take care of me if something happens?' I wanted to be responsible for myself, and a continuing care retirement community [CCRC] made sense,” she says. At a CCRC like Ann's Choice, residents have access to assisted living and higher levels of medical care on campus if they ever need it.
Dollars and sense
Financial security also was an important factor for Mimi. She liked Erickson Living's 37 years of experience and expertise in senior living and health. She knew that the company had a solid financial foundation across its 20 campuses in 11 states. And she liked the measures Ann's Choice had established to safeguard her savings.
The Benevolent Care Fund, which assures that no resident will be asked to leave the community if they outlive their savings through no fault of their own, impressed her. “It's a unique promise,” she says.
“Beyond giving me personal reassurance, I really liked what it says about Erickson Living's commitment to its residents.”
Mimi also viewed the return of 90% of her entrance deposit as a meaningful differentiator between Erickson Living-managed communities and others in the marketplace. She says, “The refund means you can preserve your legacy by leaving that money to your heirs, or, in my case, designating it for the charities of my choice.” Mimi is a member of the Ann's Choice Legacy Club, which supports residents' charitable giving. “It makes me feel good to know that my money will make an impact after I'm gone.”
Finally, Mimi points to the predictability of receiving a single, monthly bill that covers her utilities, meals, amenities, 24-hour home maintenance and repairs, a flexible meal plan, and more. “I like getting one statement. It's simple. I don't have to write 9,000 checks. Plus, you don't have to worry about replacing appliances or finding someone to fix things. It's all included.”
Executive Director Chris Donati says Mimi's feeling of financial and personal security is typical among residents.
“They appreciate the steps we've taken to make their lives easier, more predictable financially, and to provide exceptional value. Our beautiful apartment homes, enriching activities, varied dining venues, and state-of-the-art amenities—the fitness facility and pool, theater, in-house TV station, art studio, and more—all contribute to a lifestyle that seniors want and deserve.”
Mimi agrees. “At Ann's Choice you can be as busy and involved as you want. It's easy to make friends and have a social life. You can try new things, or continue your existing hobbies. I tell my friends that if they're looking for an active, independent life that will keep them young and financially secure, this is the place to be.”
To learn more about the financial value of moving to Ann's Choice, request a brochure today.