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Retirement communities: Separating fact from fiction

Are you missing out on the best years of your life?

Created date

June 5th, 2015
Oak Crest
Oak Crest

On the surface, a Lamborghini and a Kia share the same purpose—they both get you from point A to point B. But take a closer look, and you’ll see there’s a world of difference between the two. The same can be said of retirement communities. There are hundreds of choices out there but not all retirement options are the same. 

So before you make up your mind on whether a community like Oak Crest, the Erickson Living community in Parkville, Md., is right for you, it’s important to make sure you have all the facts. Below, we clear up some common misconceptions about Oak Crest and help shed light on what is fact and what is fiction. 

Fiction: “Staying in my house is what keeps me independent.”

Fact: Perhaps the biggest misconception ascribed to communities like Oak Crest is they are places people move to when they can no longer live on their own. In other words, it’s for “old people.”  

On the contrary, the sentiment most Oak Crest residents hold is that they wished they had moved sooner. That’s because Oak Crest frees you from the year-round responsibilities of a house that hold you back from living your best life. 

At Oak Crest there are no lawns to mow, leaves to rake, or decks to maintain. It’s this maintenance-free aspect that relieves you of your everyday worries and lets you spend your free time doing what you want. 

With 170 resident-run groups, clubs, and organizations and amenities like a fitness center, indoor swimming pool, physician-staffed medical center, chapel, and even college courses, it’s easy to nurture your physical, mental, and spiritual well-being.  

Fiction: “Oak Crest is for rich people.”

Fact: Compare your current cost of living with Oak Crest’s inclusive monthly fee, and you might be surprised with what you find. Contrary to what most of us think, it’s not free to live in our house. Maintenance, repairs, and upkeep can often be unpredictable and crucial in protecting the value of your property. Taxes, utilities, and insurance also add up. 

Oak Crest requires a refundable entrance deposit that protects your nest egg and one convenient monthly fee. By bundling all expenses—all utilities and maintenance, property taxes, a meal plan for the community’s five restaurants, use of all community amenities, full-time maintenance staff, and round-the-clock security—into one monthly service package, community members avoid unexpected costs and can trust their budget. 

The predictable monthly service package allows you greater control over your expenses. The refundable entrance deposit allows you to secure your nest egg and promote a financial legacy for your family. And you have peace of mind with Oak Crest’s home for life pledge. Oak Crest is dedicated to supporting residents who experience an unforeseen change in financial situation. Should your finances change for reasons beyond your control, the Home for Life Commitment provides several options so you can protect your future. The details are in the Residence and Care Agreement.

Fiction: “If I move, I would have to give up my pets.”

Fact: Oak Crest is a pet-friendly community featuring 87 lush acres for your best friend to explore. Of course, for the safety and comfort of others, all animals must remain on a leash whenever they are out of their homes. With the exception of assistance animals, pets are not allowed in indoor public spaces and are to remain in their residences. 

Fiction: “I’ve lived in my house for 40 years. It would be impossible to downsize to an apartment.” 

Fact: Concerns about downsizing are common. But don’t let those doubts keep you from discovering what could easily be some of the best years of your life. For many people, the thought of moving from the house they raised their family in and parting with the possessions they’ve lived with for so many years can be intimidating. But those who have been through the experience will tell you: It’s worth it.

Oak Crest provides complimentary in-home consultations for members of the community’s priority list to assess their downsizing needs. They also work closely with accredited downsizing and staging professionals Let’s Move, LLC, to make your move to Oak Crest effortless and stress-free.

In fact, Let’s Move can take care of every logistical aspect of the move—downsizing, organizing, removal of unwanted items, packing, unpacking—so you don’t have to lift a finger, if that’s what you choose.