The Advantages of Choosing a Life Plan Community Over a Retirement Condo

Choosing where to begin your next chapter in life is exciting, but it can also raise some questions. As you consider your living options, you might be wondering the difference between purchasing a retirement condo and being part of a Life Plan Community like Clark. Life Plan Communities have a number of key advantages over condo living that not only benefit you today, but also in the future. Here is what you need to know about the advantages of choosing a Life Plan Community.

What is a Life Plan Community?

A Life Plan Community is a community with the added promise of lifetime housing for residents. This allows you to “age in place” no matter what happens next. As a Clark resident, we promise you will always have a home in our community, even if your financial resources are depleted through longevity or illness. Think of it as having peace of mind for you and your loved ones. Should your needs change, you can rest assured you’ll receive quality care and support. 

Retirement Condominium Communities

A condominium or condo community refers to a multi-unit complex. Condo owners own their own individual unit and oftentimes have access to common areas and amenities. Retirement condos are age-restricted communities typically for individuals 55 or 65 plus. A condo community may offer a shared clubhouse or community events and activities.

The Advantages of a Life Plan Community

The advantages of being part of an Independent Living Life Plan Community are plenty.

Financial Security

A Life Plan Community can provide you financial security. You initially pay an entrance fee of which a portion is refunded when you leave your Life Plan home. You also pay a monthly fee which varies depending on the home you choose and other services you may receive.

In a Life Plan Community, you have your own residence while having access to multiple levels of care like assisted living, memory care and skilled nursing should your needs change down the road. 

Peace of Mind

Wouldn’t it be great to know that you have a plan in place for the future, no matter what happens? In a Life Plan Community you (and your loved ones) will have that peace of mind knowing that no matter what happens in the future, you will have a home and the support you need.

Full Continuum of Care On-site

Life Plan Communities offer a full continuum of care on-site including independent living, assisted living, memory care, and skilled nursing. This means you can “age in place” and have access to everything you need, all in the same community that you’ve already been a part of.

Wide Range of Housing Options (apartment style homes, towne homes, etc)

At Clark we offer a wide range of housing options to fit your needs. Independent residences span from spacious townhomes to cozy apartment homes– including our new, modern, Independent Living apartment homes at Keller Lake opening this fall.

Wide Range of Services and Amenities

Not only does Independent Living allow you to live a maintenance-free life (say goodbye to stressing about landscaping and snow removal!) but you’ll also have access to a wide variety of amenities, social activities, and excursions. At Clark you’ll have on-site conveniences including fitness centers, pool, spiritual services, salons, a variety of dining options, and more.

Active lifestyle

Being a part of an Independent Living Life Plan Community means you can still live an active lifestyle and have the opportunity to connect with other like minded individuals in your community. Without the various stressors of homeownership, you are free to pursue your passions and connect with others, too. 

The Future is Bright: Keller Lake Apartment Homes Opening Fall 2021

Our Newest Community at Clark – Opening Fall 2021

Opening in Fall 2021, our Keller Lake Apartment Homes feature 52 contemporary apartment homes with beautifully appointed finishes, balconies, and great spaces for entertaining.

The expansion at Keller Lake is West Michigan’s first town-square model community, forming a tight-knit 62-and-better Life Plan Community bustling with activity. World-class amenities include peaceful lakefront walking paths, a fully-equipped wellness center, a piazza for gathering with friends, a bistro, a restaurant, and so much more.

Keller Lake represents the best of both worlds—tucked away in the beautiful Cascade area, close to shopping and Grand Rapids’ exciting city life.

Fill out the form below to get pricing and availability or to schedule a private or virtual tour or contact Melissa Guigue at (616) 247-9627 or Melissa.Guigue@clarkretirement.org.

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