Financial Options to Cover the Cost of Senior Living

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. Entrance fees start at $207,000 and monthly fees start at $2,410 for independent living. To better understand the following fees, we recommend you meet with one of our residency counselors:

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.

Life Care

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!

MoneyGauge calculator.

Take this two-minute assessment, powered by myLifeSite, to learn which Freedom Village at Brandywine floor plan is the best financial fit for you.

Get Started

Tax advantages

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.

Got a question?

Ask us anything you like about our independent living lifestyle, including how to pay for senior living. Simply use the form on this page, or call 484-320-3250.