Determine A Budget

Begin with a careful review of expenses and care to get a clear understanding of what your loved one does or does not get in their home vs. a retirement community. If you’re like most people who consider a move to Larksfield independent living, you’ll discover that the costs of community life compares favorably to the costs of aging in place at home. Fitting the needs of a family member’s ideal lifestyle is made easier with the right support.

If you are just starting to evaluate your options download our printable pdf for the basics of planning longterm care.

At Larksfield Place, independent and assisted living residences are private pay. Here is a breakdown to help navigate the difference between costs of retirement community services and differentiate refundable deposits.

As a not-for-profit, Life Plan Community, Larksfield residents make a 80% refundable Entrance Fee deposit. Most new residents use proceeds from selling their home. Entrance fees range from around $109,000 upward, depending on floor plan.

In addition, monthly service fees range from $2,465 to $5,000 or more.

When Larksfield Place is home, those homeownership costs for taxes, insurance, utilities, repairs and so forth are all covered by your monthly service fee. Even broken-down appliances (and burned-out light bulbs!) can be replaced, at no additional cost – and those replacements typically happen immediately.