The Importance of Financial Value and Security

You've earned a rewarding retirement! If you want to make the most of your future, there's never been a better time to make a move.

But with so many choices, where can you find the greatest value for your assets as you explore senior living options?

We spoke with Christian Sweetser, Erickson Senior Living's chief financial officer, to get his perspective on the smartest way to enjoy the benefits of senior living at the best value.

Q: For those looking for the right senior living community, what are the most important financial considerations?

A: Making the move to a new home and community is exciting. It is also an important financial decision. In working with senior living residents for more than twenty years, I've learned how essential it is to do your homework. Here are a few factors to consider that I have found invaluable:

When you tour a community, count the number of smiles you see on the faces of those who live and work there. This has always helped me to assess the culture of the community I'm visiting right away!

Ask for data regarding how "full" the community is and whether the community will share results from its resident satisfaction surveys. These are often leading indicators of future performance.

Also ask about the additional care options available, such as home health support, an assisted living neighborhood, or memory care residences so you can stay in the community if your health needs change.

Lastly, be sure to inquire whether the community has options in case you outlive your funds through no fault of your own.

Q: What makes moving to an Erickson Senior Living community money well spent? 

A: For many seniors, moving to an Erickson Senior Living community is a wise financial and lifestyle decision when considering long-term stability, quality of life, and future care needs.

Our industry-leading model provides a strong financial foundation, combining a onetime entrance fee with a predictable monthly service package that covers most daily expenses.

The entrance fee, refundable up to 90%* depending on the community and option chosen, is a leading draw. Should you leave the community, those assets are returned to you or your beneficiaries.

Residents also appreciate the monthly service package, which offers a streamlined way to take care of expenses. It covers a wide range of services, including maintenance, security, most utilities, meals at the community's restaurants, access to fitness and aquatic centers, and other amenities.

Q: How does moving to an Erickson Senior Living community provide peace of mind for residents and their families?

A: Our mission is to provide residents with a rewarding retirement, including vibrant health and well-being and financial stability.

We do it by providing predictability through the monthly service package. By eliminating the stress of large expenses such as home repairs through our maintenance-free lifestyle. And by offering convenient access to medical care and long-term health options without having to leave the community.

The refundable entrance fee, depending on the option that best fits your needs, simplifies estate planning as it reduces the burden on you and your family.

Combined with the benefits of being part of an engaged community, easy access to amenities and services, and 24/7 security, the quality of life provides residents with confidence in a secure retirement. It's a smart investment in the ability to truly enjoy this phase of life.

Q: What are the benefits of being part of Erickson Senior Living's national network of communities?

A: Erickson Senior Living's national network offers significant advantages, especially for those seeking financial stability and consistent quality. With more than 30,000 residents enjoying life at Erickson Senior Living communities across the country, our large scale allows us to provide a vibrant, enriching lifestyle at an exceptional value, while maintaining high standards of care and service.

With more than 40 years of experience in developing and managing senior living communities, we have carefully honed industry-leading care protocols, efficient operational practices, and award-winning amenities. These high standards work together to provide a reliable and enriching experience for our residents, helping them lead better lives.

In choosing to live with us, residents often find a sense of connection and friendship in addition to security, convenience, and peace of mind. It's important to research and tour different communities to find the one that meets your individual needs and preferences. Our teams are ready to support you!

Request a brochure to learn more about Erickson Senior Living's smart financial structure and how living at one of our communities can provide peace of mind.

*As per the Residence and Care Agreement.