senior couple laughing together on bridge.

What Is a Life Plan Community?  

Retirement is a significant chapter in one’s life, and choosing the right type of community to spend this time in is a crucial decision. One option that’s rising in popularity is a Life Plan Community.

What Is a Life Plan Community: By Definition

A Life Plan Community is a residential senior living community designed to cater to the diverse needs of older adults. This unique concept integrates various levels of care within one community, providing a continuum of services that adapt to residents’ changing needs over time.

You may also have heard of a Continuing Care Retirement Community, or CCRC. If you have and aren’t sure if there’s a difference between a CCRC and a Life Plan Community, you should know the only difference is in the name. These are essentially the same, with CCRCs offering the same health care services and perks as a Life Plan Community.

Exploring the Levels of Care in a Life Plan Community

One of the defining features of a Life Plan Community is its ability to provide different levels of care under one roof, ensuring residents can age in place with comfort and dignity.

Independent Living

This lifestyle choice allows seniors to maintain their independence, freedom, and overall quality of life in a community setting. This housing arrangement is designed for older individuals who are healthy, active, and can live without extensive assistance or medical care.

Elderly man talking with woman

Assisted Living

Assisted living supports and assists seniors who may require help with daily activities but do not need intensive medical care. Assisted living facilities aim to balance independence with the necessary support to enhance the quality of life for older adults.

Memory Care

Memory care is a specialized form of long-term care designed to meet the unique needs of individuals dealing with memory-related conditions, most commonly Alzheimer’s disease or other forms of dementia. This type of care provides a secure and supportive environment that focuses on enhancing the quality of life for older adults with memory impairments while addressing their specific cognitive and behavioral challenges.

Skilled Nursing

Skilled nursing is a level of care that offers 24-hour medical supervision and assistance to individuals who require more advanced health care services.

The Costs of a Life Plan Community

Understanding the costs associated with a Life Plan Community is crucial in making an informed retirement decision. Let’s delve into the financial aspects, shedding light on the fees and contract types that characterize these communities.

Entrance Fees

One of the defining features of a Life Plan Community is the entrance fee, a significant up-front investment made by residents. This fee helps fund the community’s infrastructure, amenities, and health care services. These fees can vary widely based on factors such as location, the size of the residence, and the specific amenities offered.

Monthly Costs

In addition to the entrance fee, residents are typically required to pay monthly service fees. These fees cover the day-to-day operational costs of the community, including maintenance, utilities, and various services and amenities. The range of monthly service fees can vary based on the level of care needed and the size of the residence. Don’t forget to inquire about what services are included in the monthly fee and if additional features are not covered.


man reading book and talking with friends

Contract Types

Life Plan Communities offer different contract types, each with its own financial implications. This ensures older adults can choose the plan that’s best for their needs and finances.

Type A | Life Care Contract

This comprehensive contract covers unlimited care services without a significant increase in the monthly fee. While the entrance fee and monthly fees may be higher, residents have peace of mind knowing their future care needs will be met without having to pay market rates.

Type B | Modified Contract

This contract includes a set number of care services in the monthly fee. If additional care is needed, residents may incur additional charges. These contracts offer a lower entrance fee compared to Type A contracts, making them more cost-effective for some.

Type C | Fee-for-Service Contract

With this contract, residents pay for care services as needed. Entry fees and monthly fees may be lower, but the potential for higher care costs exists. This option provides more flexibility but may require careful financial planning.

Why Choose Freedom Village as Your Loved One’s Life Plan Community?

The decision to choose a Life Plan Community like Freedom Village boils down to the desire for an independent, active retirement lifestyle, coupled with the assurance of future care services if or when they may be needed. This provides many families with peace of mind, ensuring higher levels of care are available and a move won’t need to be made should care needs change.

Aside from this, Freedom Village also offers a range of services and amenities, ensuring residents can live independently while enjoying activities and events tailored to their preferences.

Explore our pricing and what our lifestyle offers by visiting our website.

We’re Here to Help

If you or your loved one is considering a Life Plan Community for retirement, or you’re looking for more information, now is a great time to explore what Freedom Village has to offer. Our community provides a diverse range of benefits, including independent living residences, various levels of care, and a vibrant community atmosphere. We invite you to learn more for yourself.

Call us today at (949) 423-6653 to schedule a tour of our community.

It's our Summer of Savings Event! Save up to $37,000! Don't wait, the offer ends August 10th.

X