Henry and Louise Gabb Unlock Financial Freedom at Eagle's Trace

By Jill Dutton
June 12, 2024
Residents at Eagle's Trace in West Houston can experience peace of mind from the financial model of the Erickson Senior Living community.

Although Henry and Louise Gabb loved their town house, they weren't a fan of the increasing upkeep.

"We were starting to encounter some pretty significant maintenance costs," says Henry. "It took two years and multiple experts to find the source of a roof leak, and our air conditioner was on the fritz at ten years old--we'd have to replace it sooner than later."

So when they started exploring their senior living options, the maintenance-free apartment homes at Eagle's Trace, the Erickson Senior Living community in West Houston, Tex., caught their eye.

"Not having to worry about maintenance--even the simplest things, like changing a lightbulb--was a big factor in our decision to move to Eagle's Trace," he says.

The couple was also impressed with the community's many opportunities for socialization.

"This campus was the best we found! There's a variety of restaurants and a multitude of clubs and activities," Henry adds. "Everything added up to an incredible value we couldn't pass up."

Predictable costs

The community's pricing structure is made up of two attractive components: a 90% refundable entrance deposit* and a monthly service package.

The 90% refundable entrance deposit, which is used to secure your desired apartment home, goes back to you or your beneficiaries, if or when you leave the community.

"That part of the business model was quite attractive to us," notes Henry. "It provides tremendous peace of mind."

The monthly service package covers all utilities, except phone and internet; a meal plan at on-site restaurants; maintenance, including appliance repair and replacement; access to amenities; regularly scheduled transportation, and more.

"The monthly service package ensures that there are no unexpected expenses, which makes budgeting a breeze," he adds. "We couldn't say the same when we were living in our town house."

"Contrary to what many people think, it's not free to live in a house once the mortgage is paid off," explains Executive Director Stephen Aigner. "Maintenance, repairs, and upkeep can often be costly and unpredictable, yet they're crucial in protecting the value of your property. Our monthly service package removes those stressors completely."

Socialization matters

A January 2024 article in U.S. News and World Report cited not only the major financial benefits of moving to a continuing care retirement community but the intangible advantages of experiencing a sense of community and having access to an array of amenities.

Just outside Henry and Louise's front door is a fitness center, creative arts studio, woodshop, library, pickleball court, multiple restaurants, and dozens of clubs and activities.

"We have more friends than ever before!" says Henry. "Being part of such a large community, we're able to explore our interests and try new hobbies."

Henry is the chair of the Resident Advisory Council. Louise works with the dining committee; the Treasure Chest, where residents donate and sell well-loved items to benefit the Resident Care Fund, the Scholarship Fund, and the Staff Appreciation Fund; and the library committee.

Both serve as resident ambassadors, as well, sharing their experiences at Eagle's Trace with prospective residents.

Convenient care

Soon after settling into their apartment home in 2016, Henry and Louise discovered an additional benefit that added to the community's value.

"Eagle's Trace has an on-site medical center with two full-time doctors and a continuing care neighborhood. Although we're both still healthy, it's nice knowing that care is available right here on campus if we ever need it," he says.

And because all buildings are connected via climate-controlled walkways, the couple can walk indoors to the medical center for a check-up anytime.

"That convenience is unbeatable," Henry adds. "Plus, Eagle's Trace is one of very few five-star rated continuing care facilities. I think all the amenities come into play, but having all levels of health care on campus is a huge benefit."

Unbeatable value

Looking back on the past eight years at Eagle's Trace, the Gabbs couldn't imagine calling any other community home.

"Living at Eagle's Trace is more affordable than we thought, and we've gained so many benefits--more than we ever anticipated," says Henry. "Rather than spending time stressing over maintenance and repairs, we're free to focus on what we're interested in. That's value you can't beat!"

Invest in your future self at Eagle's Trace. From top-notch amenities to affordable, maintenance-free apartment homes, you are sure to live your retirement to the fullest. Request more information today!

*As per the Residence and Care Agreement.

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