What’s the Real Value of Retirement Living?

It’s not solely about cost and affordability

Chloe Jefferson ​​​​​​​
November 23, 2020

Finding the right home to spend your retirement isn't just about affordability or amenities or even the size of your home. It's about finding a home that offers you the most value. 

Among senior living options, continuing care retirement communities are equipped to provide all of those things in one place.

Erickson Senior Living, a leader in building and managing continuing care retirement communities, is bringing this vibrant, maintenance-free lifestyle to Short Pump, Va., Avery Point, located right off Broad Street near Route 288, will debut in 2022. 

More for your money

Avery Point's 94-acre campus is located in West Creek Business Park, just two miles west of Short Pump Town Center—close to exceptional shopping, dining, golf, entertainment, and parks. But there will be plenty of amenities and services available on campus as well. An aquatics center and fitness center, restaurants, classrooms, medical center, and library bring all the aspects of active living to your doorstep. 

With such a wealth of activities, coupled with freedom from home maintenance, you can fill your calendar with friends and events, not errands and chores.   

"It's one thing to have activities available to you, but if you don't have time to participate in them because you're fixing a leaky faucet or cleaning gutters, it's pointless," says Avery Point Sales Director Jim Antonakos. "We pack so much value into the cost of living at Avery Point because we want people to live longer, healthier, more fulfilling lives."

Sensible financial structure

Several aspects of Avery Point's financial structure make it stand out.

First, is Avery Point's fee-for-service model. Avery Point doesn't require residents to pay for health care services they may never use. The community only charges for higher levels of care if and when needed. Eventually, those higher levels of care will be available on site in a continuing care neighborhood.

This approach has been proven to save families thousands of dollars every year they remain independent.

Second, is its refundable entrance deposit. While a onetime entrance deposit secures your apartment home, Avery Point offers two unique options to meet your budget: an 80% refundable entrance deposit or a nonrefundable entrance deposit. All the details are outlined in Avery Point's Residence and Care Agreement. 

Third, is its monthly service package. Each month, residents pay a single bill that covers almost all regular living expenses, including utilities, property taxes, cable TV, maintenance and repairs inside your apartment home, trash collection and recycling, 24-hour security and emergency response, and a meal plan.

"Before I moved in, I had a mortgage and an HOA fee, so I added those expenses, plus the cable and the food, and compared it to living here. It came out pretty much the same," says Erickson Senior Living resident Cindy Malmo.

A dining experience worth tasting

Meals are an opportunity to not only nourish your body but also your mind and soul. Gathering around a table with friends can be one of the most enjoyable parts of your day. 

Avery Point's unique dining venues, experienced chefs, and fresh food prepared at the moment of service will offer variety and an extraordinary experience every time you dine. And you don't have to worry about shopping or cleaning up.  

"I'm very happy, and my wife is very happy she doesn't have to cook," says Erickson Senior Living resident Wayne Steadman. "We love our apartment. It's great not having to worry about when something needs to be fixed, and we have confidence in the financial strength of the community."

"Erickson has been in the business of making retirement the best years of your life for over three decades. We weave wellness and quality of life into everything we do," says Antonakos. "As our twenty-second community set in the lively community of Short Pump, Avery Point combines everything we've learned in almost 40 years of delivering the most inspiring retirement lifestyle yet."

To continue exploring all the benefits of carefree senior living at Avery Point, request your free brochure now.