Frequently Asked Questions

Are entrance fees for luxury retirement communities refundable?
It depends entirely on your contract. Many high-end communities offer 50%, 80%, or even 90% refundable contracts, meaning a significant portion of your buy-in returns to your estate after you pass away. However, you generally pay a higher entrance fee upfront to secure a refundable contract.

How do I evaluate the financial stability of a retirement community?
Before handing over a million-dollar entrance fee, you must ensure the operator is solvent. Resources like AARP recommend asking for the community’s audited financial statements, inquiring about their cash reserves, and checking their occupancy rates. A healthy community typically maintains an occupancy rate above 90%.

Can I bring my pet to an upscale senior living facility?
Yes. The vast majority of luxury communities are highly pet-friendly. Many feature on-site dog parks, grooming spas, and even dedicated walking services provided by the concierge team.