At increasing rates, Baby boomers are choosing the convenience and freedom of renting. In fact, this segment of America’s population is the fastest-growing group of renters. As more and more older adults reach retirement age, this trend is predicted to continue.
Keep reading to learn more about rental options for older adults and the benefits of Carefree Living.
What Are the Benefits of Renting as an Older Adult?
The appeal of renting for seniors is multifaceted. If you are a baby boomer, it is likely that you’ve been a homeowner for some period of time. When you transition into renting, you can look forward to the following:
Convenience: With a move into a rental property, you no longer have to take responsibility for maintenance tasks. In a retirement community, you will have the luxury of amenities such as housekeeping and dining.
Safety: As you begin to experience a decline in health or notice decreased mobility, your family home may present some dangers. Finding a one-story floor plan that better suits your needs can be essential. Senior living options also include wellness checks and 24-hour staffing for additional safety and security.
Savings: According to a recent study by the IRI, 45% of baby boomers have no retirement savings. The sale of your home and the transition to renting could be a significant part of your retirement strategy. Renting a property can mean lower energy costs and little to no expenses related to home maintenance.
Community: Senior living communities like Quartet Senior Living foster an extraordinary sense of community with their calendar of activities and their various gathering spaces for seniors to connect and create memories together. You could find more than just a place to live but also a place to thrive.
Conventional Apartments
Seniors have the option to seek affordable housing through the typical avenues, same as anyone else. Whether you want to stay in your community or are relocating, renting from a conventional landlord or property management company can provide you with the independent living you need.
With this move, you could benefit from energy savings and decreased responsibilities. You could find a floor plan that is safe and suits you well, but a deterioration in your health may necessitate a move.
What you will not get from this marketplace are amenities designed to support you in this specific stage of life. There will be no wrap-around services to promote your health and wellness, to provide opportunities to express your curiosities and interests, or to sustain your social life. You also will not be offered any health care services or a continuum of care that is found in senior living communities.
Living at a Retirement Community
The income a senior has saved for this time in their life could instead go toward a rich, vibrant experience at a retirement community. These communities specialize in senior housing, senior care, and supporting a wide range of needs.
When you rent in Bettendorf, you can choose a community like Quartet Senior Living, you are not only choosing a place to live but a life marked by ease, convenience and choice. This investment could increase your quality of life now and provide security for your future.
At Quartet Senior Living, residents have access to:
- Chef-prepared meals
- Outdoor dining areas
- Walking paths and putting greens
- Harmony Wellness Center
- Care options within your own home
- A theater, computer room, and art studio
- Fitness Center
Residents also can take advantage of the following services:
- Scheduled transportation and outings
- A full calendar of life-enrichment activities
- 24-hour emergency response system
- “I’m OK” checks upon request
- Meal packages
- Laundry services and bed-linen changes
- Twice-monthly housekeeping services
Assisted Living
The term “assisted living” may conjure up an outdated image of a nursing home. The reality is that assisted living can look a lot like independent living, with added supports and accommodations.
With the Assisted Living service that is offered at Quartet Senior Living, you have access to the same opportunities as those in Carefree Living. The difference is that you will also be offered supplemental services to assist you with any activities of daily life and the care you need to maintain your health.
Services offered include:
- Medication management
- Assistance with bathing/dressing/grooming/toileting
- Diabetes management
- BiPAP/CPAP
- Catheter care
- Coumadin management
- Nebulizers
- Monitoring vitals
Even if you require none of these services at this point in your retirement, having the option to stay in your residence and receive a higher level of care when you need it offers you unparalleled peace of mind about the future.
A Personalized Life at Quartet Senior Living
At Quartet Senior Living, you can live life on your own terms, and your care will be adjusted to your needs. With our Assisted Living and Memory Care, you will find an uplifting place to call home in Bettendorf, IA. You can enjoy a maintenance-free life in a beautifully designed space with activities and amenities just for you.