There are many things to consider when choosing the best senior living community to spend your retirement, a Life Plan Community provides many benefits and features that may perfectly align with your future goals.
What is a Life Plan Community?
A Life Plan Community, previously known as a Continuing Care Retirement Community (CCRC), is a senior living community that offers a variety of living options and healthcare services on one campus, including independent living, assisted living, memory support, and skilled nursing.
Through luxurious residences, world-class amenities, culturally relevant lectures and seminars, five-star dining, and social events, these types of communities provide residents with independence, a sense of community, and knowledge building opportunities that all contribute to a wellness-focused, active, and engaging lifestyle that’s reinforced by an included continuum of care, should the needs arise.
“We constantly challenge the status quo on aging. We believe in doing things differently,” says Moorings Park CEO, Dan Lavender. “Yes, our healthcare is among the very best in the country, but everything we do is designed to keep you out of those higher levels of care. We focus on well-care, rather than sick care. Simply put, our goal is to change how America ages.”
Moorings Park Communities in Naples, Florida, brings these pillars of successful aging together into retirement communities like no other, providing benefits that go beyond the standard in resort-style retirement living. In fact, it has been proven that residents of Life Plan Communities experience greater well-being across multiple dimensions of wellness compared to non-residents.
Wellness Outcomes in Life Plan Communities
A five-year study designed by Mather Institute in collaboration with Northwestern University discovered the real impact of living in a Life Plan Community on residents’ health and wellness.
Known as the Age Well Study, this research compiled responses and feedback from more than 8,200 residents living in 122 Life Plan Communities across the country from 2018 to 2022. These reports were then compared to responses from older adults not living in a Life Plan Community.
After five years, residents in Life Plan Communities reported and exhibited greater wellness across the six dimensions studied: physical, emotional, social, spiritual, and vocational. In year 5, Life Plan Community residents maintained higher levels of life satisfaction, exhibited greater social wellness, reported better self-rated memory, and felt a greater purpose in life compared to non-residents.
These findings can reasonably be attributed to the programs and services offered by Life Plan Communities like Moorings Park Communities, where residents are encouraged to participate in wellness offerings that are personalized based on individual needs and desires.
“Residents are extremely healthy and well, and [the study] reinforces that a life plan community is a really positive environment with a lot of wellness opportunities across the board,” said Mary Leary, CEO of Evanston, Illinois-based Mather.
Life Plan Community Wellness Offerings and Benefits
Life Plan Communities, like Moorings Park Communities, offer many features and benefits that not only provide residents with comfort, care, and freedom, but increase their wellness across multiple dimensions. Read on to learn more about these benefits and how they positively impact residents’ peace of mind and well-being each day.
Luxurious, Versatile, Maintenance-Free Residences
At Moorings Park Communities luxury senior living communities in Naples, Florida, you can choose from a variety of Simply the Best® maintenance-free residences that range anywhere from 800 square foot, one-bedroom suites to 7,000 square foot, 4-bedroom penthouses. Each residence can be personalized with high-quality finishes and selections in a design center. With a lake, golf course, or garden views, the residences at all three of Moorings Park’s award-winning communities have been designed with every comfort, luxury, and amenity you could ever imagine.
This maintenance-free lifestyle allows you to spend your time doing what matters the most: pursuing new hobbies or interests, spending quality time with friends and family, or enjoying everything Naples has to offer.
Senior Living Amenities with a Focus on Successful Aging
Moorings Park Communities is dedicated to the art of successful aging with a focus on the mind, body, and spirit. A Blue Zone-certified community, Moorings Park was recently recognized by the International Council on Active Aging as the number one wellness-based community in North America. Everything about each Naples-based luxury retirement community reflects this commitment to wellness, where luxury meets flexibility and freedom in a stunning setting.
Amenities like five-star restaurants, state-of-the-art fitness centers, gorgeous theatres, resort-style pools, full-service salons, and so much more are available for residents to successfully age in a way that works best for them.
In-house chefs create delicious, healthy cuisine focused on fresh, local ingredients. For those passionate about fitness, workout with certified personal trainers at the fitness centers or spend time playing bocce, tennis, or swimming with friends. Weekly seminars and programs that feature culturally relevant, intellectually stimulating material can be enjoyed at the theatres or other venues across each campus, and there are plenty of resident-led groups and gatherings for every interest, from chess and poker groups to book and yacht clubs and everything in between. Not to mention the vast array of religious services at the non-denominational Bower Chapel.
Financial Security
Living in a Life Plan Community like Moorings Park Communities offers financial stability because, rather than purchasing a residence, you are purchasing a long-term care insurance policy along with a life lease on the residence of your choice. The cost of your entrance fee and your monthly service fee will be determined by the size of your residence and whether you are entering the community as a single or as a couple. This fee remains fixed regardless of changes to your health.
Depending on which community and entrance fee plan you choose, as much as 70% of the entrance fee is refundable to you or your estate when you leave the community. In fact, because the IRS views your entrance fee as a pre-paid health benefit, a portion of this fee may be eligible for a sizable one-time tax deduction. There is also an annual tax deduction on your monthly service fees or service package, and you’ll never have to pay any property taxes or condo assessments.
Knowing that your costs are locked in allows you to focus on enjoying your retirement without the worry of unforeseen expenses.
A Continuum of Care
A Life Plan Community offers a continuum of care. As you age, your needs may change, and this type of community is designed to adapt seamlessly to those changes. You can transition from independent living to assisted living with memory support or skilled nursing all within the same familiar environment. This approach not only ensures you receive appropriate care as you age but also provides peace of mind knowing that care is available, should you need it, and your environment will remain consistent even as your needs change.
Life Plan Communities are designed to help couples remain together, even when they have different care needs. Moorings Park Communities offers a range of services that ensure both partners receive the support they require. With personalized care options, seniors can enjoy a fulfilling life side-by-side, cherishing their time together while addressing individual needs.
This holistic and adaptable approach is what makes Moorings Park Communities an excellent choice for those seeking a secure, supportive, and stable living environment as they navigate the various stages of aging.
Safety & Security
At Moorings Park Communities, safety and well-being are top priorities. With 24/7 friendly on-site security and round-the-clock access to emergency medical services, you can relax and enjoy your retirement knowing that help is always just a moment away. Dedicated partners are always available to assist you with any concerns or emergencies, providing you with the ultimate peace of mind.
With all of these offerings and benefits, it’s clear to see why residents of Life Plan Communities like Moorings Park’s three Naples-based communities life happier, healthier lives.
Moorings Park Communities is a nationally accredited, Medicare-certified, non-profit retirement living provider and one of the only Life Plan Communities in the country with A or A+ ratings by Fitch Ratings and S&P Global Ratings. Ranked the #4 retirement community in the country, Moorings Park Communities is setting the standard for luxury retirement living, offering upscale residences, world-class amenities, and outstanding healthcare services across all three campuses in Naples, Florida: Moorings Park, Moorings Park at Grey Oaks, and Moorings Park Grande Lake. To learn more about, go to www.MooringsPark.org, visit the Moorings Park Communities Facebook page, or call 239-451-5509.
