Financial option to help you live your dream retirement.
Because more seniors are enjoying longer, healthier lives pursuing lifelong dreams, their savings have to go further than they imagined. That’s why having a practical plan that lets them enjoy today while preparing for tomorrow is vital. As you explore your retirement community choices and learn about the cost of senior living, you may wonder how you can find an option that gives you both.
As a Life Plan Community, our independent lifestyle offers services and amenities you can enjoy for the rest of your retirement. Plus, our Life Care contract gives you the peace of mind of knowing a full continuum of high-quality care is available on-site at predictable monthly rates.
Entrance fee and monthly fees
To get your life started at Regency Oaks, all you need to do is pay a one-time entrance fee and ongoing monthly fees. Here’s breakdown of what each of these fees cover:
The amount of this fee is based on the type of contract, residence size, and the number of people living there. The more square footage your residence has, the more your entrance fee will be. This covers your residence and gives you guaranteed access to any future care you may need at less than market rates.
Your monthly fee covers indoor/outdoor maintenance, property taxes, utilities, your dining plan, fitness membership, a beautifully maintained campus, weekly housekeeping, transportation to local doctor and professional appointments, and dozens of other services and amenities.
Whether you’re in independent living, assisted living, skilled nursing or rehabilitation, your living accommodations, services, and amenities will be customized to the way you want to live today and in the future. To ensure asset protection, we offer contract options that refund a portion of your entrance fee to you or your heirs.
Flex Your Future
This program lets more seniors embrace the freedom of independent living by tailoring their senior living costs to suit their budget. To get started, select your payment option and residence now with less out of pocket, then pay the remainder of that entrance fee on a flexible timeline.
Our Life Care contract offers a predictable way to pay for long-term care expenses you may need, saving you tens of thousands of dollars. According to the Department of Health and Human Services, 70% adults will need long-term care for an average of 3 years. Considering those statistics, having Life Care can truly help protect your finances.
Take this quick and easy assessment, powered by myLifeSite, to learn which Regency Oaks floor plan is the best financial fit for you.
Many of our residents use a portion of the proceeds from the sale of their home to fund the cost of their independent living entrance fee. The IRS has ruled some of your entrance fee and monthly fee are tax deductible as prepayment of medical expenses. Consult with your tax advisor to learn more.