December 12, 2022
Choosing the right senior living community is a means to securing both a home and care for life.
Kendal on Hudson is a Life Plan Community that offers Lifecare. Also known as Continuing Care Retirement Communities, or CCRCs, these communities are becoming more popular with older adults and their adult children.
In moving to a community offering Lifecare, you gain financial peace of mind – for now and the future. Even if your assets are depleted over time through no fault of your own, you’ll still receive the care you need.
What Is Lifecare?
Lifecare is a financial contract that offers health care and services for life. Residents pay an entrance fee to join a community like Kendal on Hudson, and then pay a predominantly consistent monthly fee for the rest of their time there – no matter how their health needs change.
The entrance and monthly fees at Kendal on Hudson cover lifestyle, services and amenities, as well as future living and health care accommodations in Assisted Living, Memory Support, Rehabilitation and Skilled Nursing when they’re needed and for as long as may be necessary.
While you may currently be healthy, active and completely independent, it’s important to remember that this might not always be the case. No one wants to end up in a situation where they will have to move away from the home they love due to changing health needs.
Kendal on Hudson presents the best of both worlds: an active, independent lifestyle filled with social opportunities and a full continuum of care to meet your health and assistance needs as you age.
“Whether you will require Assisted Living, Memory Support or Skilled Nursing, you will always be able to live in the place you call home,” says Pamela Klapproth, Kendal on Hudson CEO. “That peace of mind is priceless for both older adults and their adult children.”
Pamela says that this peace of mind allows older adults to truly embrace this stage of life and upsize their retirement in a big way.
“Kendal on Hudson provides an all-inclusive, maintenance-free and carefree lifestyle that gives our residents all the time in the world to enjoy, relax, learn, experience and explore,” she says.
How Lifecare Provides Peace of Mind
1. Independent lifestyle options and priority access to care services.
A Lifecare contract begins when you’re an active, healthy older adult. If and when your needs change, you’ll have priority access to our full continuum of care. That means you won’t ever need to be put on a waiting list if and when care is needed. Your children can breathe a sigh of relief knowing there’s a plan in place for your care – where and when you need it.
2. Protection from rising health care costs.
We all know that health care costs are continually on the rise and can become quite significant as we get older. A Life Plan Community like Kendal on Hudson protects residents from the rising cost of health care services because Lifecare doesn’t raise your monthly fees based on what care you receive.
3. Potential tax savings.
The last thing anyone wants to do is pay more taxes. Here’s the good news: You can qualify for significant tax breaks with Kendal on Hudson’s Lifecare agreement. You may be able to deduct portions of your entrance fee and monthly fees. Be sure to consult your financial advisor for more information.
4. Maintenance-free living.
Having the time and freedom to explore your passions and go on adventures is one of the best things about being an active, independent older adult. When you live in a Life Plan Community, lawn maintenance, cooking and cleaning are all taken care of for you, giving you full access to a more you-focused lifestyle.
5. You gain a home for life.
Choosing a Life Plan Community like Kendal on Hudson to be your home while you’re still independent means that your children will never have to make the hard decision of finding a home care provider for you in the event you’re unable to find one yourself.
“Lifecare secures a wonderful, worry-free lifestyle and care solution for older adults and their adult children,” says Pamela. “We would love the opportunity to speak with you and your family about the various benefits of Lifecare and how moving to our Life Plan Community can provide the lifestyle you deserve now and in the future.”
Together, Transforming the Experience of Aging.®
Founded on Quaker principles and guided by our values and practices, Kendal on Hudson provides a vibrant, active and social older adult lifestyle on our 25-acre campus next to the historic Hudson River. As the only Lifecare community in Westchester County, we offer Independent Living and four levels of service for our residents, including Assisted Living, Memory Support, Skilled Nursing and Rehabilitation.
Do you feel you’d benefit from the move to senior living? Contact us today to learn more.