Our financial options can help you achieve your retirement dreams.
Science has helped today’s seniors enjoy longer, healthier lives during which they’re free to pursue their dreams. Of course, that means their savings have to go further than ever before. That’s why having a plan for the future is more vital than ever. As you explore the retirement community options in your area and start to learn about the cost of senior living, you may wonder how to find a choice that fits your budget.
As a Life Plan Community, Freedom Village at Brandywine offers an independent lifestyle with services and amenities you can enjoy for the rest of your retirement. Plus, with our Life Care contract, you’ll have the peace of mind of knowing a full continuum of high-quality care is available on-site at predictable monthly rates.
Entrance fee and monthly fees
Freedom Village at Brandywine requires a one-time entrance fee and ongoing monthly fees. To help you better understand these fees, here’s what each one covers:
The amount of this fee is based on the type of contract and the size of residence you choose. The larger your residence, the larger your entrance fee. But your entrance fee doesn’t just cover your residence. It also gives you guaranteed access to any future care you may need at less than market rates.
Your monthly fee covers home maintenance and property taxes, utilities, your dining plan, fitness membership, a beautifully maintained campus, and dozens of other services and amenities.
Whether you’re in independent living, personal care (assisted living), memory care, skilled nursing or rehabilitation, your living accommodations, services, and amenities will be adjusted to fit your lifestyle and future needs. Plus, we offer contract options that refund a portion of your entrance fee to you or your heirs, for superior asset protection.
Flex Your Future
This program lets more seniors embrace the freedom of independent living by tailoring their senior living costs to fit their budget. For more control over your entrance fee, you can select your residence now with less out of pocket, then pay the remainder of your entrance fee on a flexible timeline.
Our Life Care contracts offer a way to pay for long-term care expenses that makes them more predictable. Life Care protects you from constantly rising prices — saving you tens of thousands of dollars — if you ever need long-term health care. According to the Department of Health and Human Services, 7 out of 10 adults will need long-term care at some point for an average of 3 years. When you consider those statistics, having Life Care can be huge financial advantage!
Take this two-minute assessment, powered by myLifeSite, to learn which Freedom Village at Brandywine floor plan is the best financial fit for you.
Many of our residents were able to use a portion of the proceeds from the sale of their home to fund the cost of their independent living entrance fee. The IRS has ruled that portions of both your entrance fee and monthly fee are deductible on your federal income return as prepayment of medical expenses. To learn more, consult your tax advisor.