What’s the real value of retirement living?

It’s not solely about cost and affordability

Created date

September 27th, 2019
Siena Lakes’ maintenance-free model allows you more time for friends, activities, and fun.

Siena Lakes’ maintenance-free model allows you more time for friends, activities, and fun.

Finding the right home to spend your retirement isn’t just about affordability or amenities or size of your home. It’s about all of those things. It’s about finding a home that offers you the most value, which comes in many shapes and sizes. 

Among senior living options, continuing care retirement communities are most likely to provide all of those things in one place.

Erickson Senior Living is bringing its charming, vibrant, maintenance-free lifestyle to North Naples, Fla. Siena Lakes, located on Orange Blossom Drive, will debut in 2021 and has already started accepting reservations for its stunning apartment homes. 

More for your money

Siena Lakes’ 29-acre campus is located in the heart of North Naples—close to exceptional shopping, dining, golf, entertainment, and beaches. But there will be plenty of amenities and services available on campus as well. A swimming pool, medical center, fitness center, restaurants, classrooms, theater, and library bring all the aspects of active living to your doorstep. 

With such a wealth of activities coupled with freedom from home maintenance, you can fill your calendar with friends and events, not errands and chores.   

“It’s one thing to have activities, available to you, but if you don’t have time to participate in them because you’re fixing a leaky faucet or cleaning gutters, it’s pointless,” says Siena Lakes Sales Director Fred Moschetta. “We pack so much value into the cost of living at Siena Lakes because we want people to live longer, healthier, more fulfilling lives.”

Sensible financial structure

Several aspects of Siena Lakes’ financial structure make it stand out.

First, is Siena Lakes’ fee-for-service model. Unlike other continuing care retirement communities, Siena Lakes doesn’t require residents to pay for health care services they may never use. The community only charges for higher levels of care if and when needed. Eventually, those higher levels of care will be available on site in a continuing care neighborhood.

This approach has been proven to save families thousands of dollars every year they remain independent.

Second, is its entrance fee. While a onetime entrance fee secures your apartment home, Siena Lakes offers two unique options to meet your budget: an 80% refundable entrance fee or a nonrefundable entrance fee. Details are outlined in Siena Lakes’ Residence and Care Agreement. 

Third, is its monthly service package. Each month, residents pay a single bill that covers almost all regular living expenses, including utilities, property taxes, cable TV, maintenance and repairs inside your apartment home, trash collection and recycling, 24-hour security and emergency response, a meal plan, and biweekly light housekeeping and linen service.

“Before I moved in I had a mortgage and an HOA fee, so I added those expenses, plus the cable and the food, and compared it to living here. It came out pretty much the same,” says Erickson Senior Living resident Cindy Malmo.

A dining experience worth tasting

Meals are an opportunity to not only nourish your body but also your mind and soul. Gathering around a table with friends can be one of the most enjoyable parts of your day. 

Siena Lakes’ unique dining venues, experienced chefs, and fresh food prepared at the moment of service offer variety and an extraordinary experience every time you dine. And you don’t have to worry about shopping or cleaning up.  

“I’m very happy, and my wife is very happy she doesn’t have to cook,” says Erickson Senior Living resident Wayne Steadman. “We love our apartment. It’s great not having to worry about when something needs to be fixed, and we have confidence in the financial strength of the community.”

“Erickson has been in the business of making retirement the best years of your life for over three decades. We weave wellness and quality of life into everything we do,” says Moschetta. “As our twentieth community set in the lively community of North Naples, Siena Lakes combines everything we’ve learned over the past 30 years to deliver the most inspiring retirement lifestyle yet.”