Options for Financing Senior Living

Explore your financial options for achieving your dream retirement.

More and more seniors are enjoying longer, healthier lives. But to keep pursuing their lifelong dreams, they must make their savings go further. That’s why many are looking for a smart plan for the future. As you explore your retirement community choices and learn about the cost of senior living, you may wonder if there’s an option that fits you.

As a Life Plan Community, we offer an active lifestyle with services and amenities you can enjoy for all the years ahead. Plus, our Life Care contract gives you the peace of mind of knowing a full continuum of high-quality care is always available on-site at predictable monthly rates.

Entrance fee and monthly fees

With a one-time entrance fee and ongoing monthly fees, you can make The Village at Gleannloch Farms your home for life. Entrance fees start at $155,400 and monthly fees start at $3,140 for independent living. To better understand the following fees, we recommend you meet with one of our residency counselors:

Whether you’re in independent living, assisted living, memory care, skilled nursing, or rehabilitation, your residence, services, and amenities can be customized to fit your personal lifestyle and any future needs. We also offer contract options that refund a portion of your entrance fee to you or your heirs for true asset protection.

Flex Your Future

This program lets more seniors embrace the freedom of independent living by adjusting their senior living costs to suit their budget. To customize your entrance fee, select your residence now with less out of pocket, then pay the remainder of your entrance fee on a flexible timeline.

Life Care

The cost of care is constantly going up. Our Life Care contract offers you a way to cover your long-term care expenses in a way that’s more predictable, while saving you tens of thousands of dollars. According to the Department of Health and Human Services, 7 out of 10 adults will need long-term care for an average of 3 years. Considering those statistics, having Life Care can be a financial lifesaver!

MoneyGauge calculator.

Take this quick assessment, powered by myLifeSite, to discover which of The Village at Gleannloch Farms floor plans are the best fit for your budget.

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Tax advantages

Many of our residents use part 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 both your entrance fee and monthly fee are tax-deductible as prepayment of medical expenses. To learn more, consult your tax advisor.

Got a question?

Ask us anything you like about our independent living lifestyle, including flexible options for paying for senior living. Simply use the form on this page, or call 281-766-8148.