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“Inflation is when you pay fifteen dollars for a ten-dollar haircut you used to get for five dollars when you had hair.”
-Sam Ewing
When you are planning for retirement, inflation can profoundly effect your quality of life. When you are on a fixed income, increases in consumer prices can greatly cut into your nest egg. Planning ahead is the best thing you can do.
All-Inclusive Facilities
One way to ensure that your money is doing the most it possibly can is living in all-inclusive senior living facility. All-inclusive facilities help you deal with the costs of inflation because they incorporate the costs of daily living into your regular fees. When the price of milk increases, it doesn’t affect you when milk is provided in your daily meal plan.
Depending on the facility, all-inclusive care can include a number of options, including:
- Meals
- Utilities such as cable, internet, and phone
- Furnished apartments
- Nurse and other staff visits
- Memory Care
- Medication management
- Hygiene and grooming assistance
- Mobility assistance
- Housekeeping
- Laundry services or facilities
- Access to physical or occupational therapy
- Access to community services, such as beauticians and massage therapists
- Access to community parks for recreation
- Shuttle services to local venues
- Planned day trips
- Arts and Crafts activities
Many all-inclusive care facilities offer payment plans and accept insurance to help you deal with the costs associated with daily living.
What You Get at Encore Senior Living
Encore is an all-inclusive pricing senior living facility that includes the following:
- All utilities
- Cable television
- Chef-prepared meals
- Individually-controlled heating and air conditioning
- Scheduled transportation
- In-room emergency security
- Housekeeping services
- Planned activities and outings
- Apartment maintenance
Fixed Pricing
Facilities with fixed pricing are another great way to prepare for the flux in costs due to inflation. Fixed pricing means you will pay the same price for your living arrangements throughout the lifetime of your stay at the facility. So, no matter how costs go up in the world around you, you are guaranteed to pay the same rate.
What You Get at Encore Senior Living
Encore Senior Living offers lifetime fixed pricing for Memory Care. You get to be part of the Rediscovery™ Program and 24-hour supervision, accommodation, and prepared meals.
Find a location near you to find out more about Encore’s all-inclusive and lifetime fixed pricing.
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