The Renewed Life Blog

Lifecare: Planning for the Future

Planning for the Future | 08/28/20


As you plan for your retirement, it’s important to take the rising cost of healthcare into account. According to the World Economic Forum, we ideally need to invest with the future in mind earlier in life as life expectancy continues to increase. That means that you must plan for your healthcare during retirement well in advance.

Monroe Village — a continuing care retirement community (CCRC) — is an ideal place for you if you enjoy an active lifestyle but know you’ll need healthcare as you age. Our complete continuum of care includes Lifecare, which is the ultimate safeguard for on-site healthcare. Along with the guarantee of on-site healthcare, Lifecare offers financial predictability.

What Healthcare for Seniors with Lifecare Means

Lifecare means healthcare on-demand.

Unfortunately, we can’t see what the future may bring. If you want peace of mind when it comes to healthcare, having a plan in place for the unexpected is one of the best things you can do for yourself. At Monroe Village, we offer a complete continuum of care which is all covered under Lifecare. It doesn’t matter if you choose independent living, assisted living, memory care, skilled nursing or rehabilitation — Lifecare and Monroe Village brings you quality services and comfort.

Lifecare brings healthcare to you.

While you have the option of financing your healthcare and traveling for the care you need, Lifecare at Monroe Village means receiving that same care in the place you’re comfortable. This also means that if you live with your spouse, you won’t have to worry about moving them or being separated from them in order to receive care.

Financial preparedness.

Because we can’t predict the future, Lifecare offers financial security. You’ll have a plan in place with a cost you’re prepared for. You won’t have to worry about fluctuating costs as you continue to age.

Tax benefits.

With Lifecare, you may qualify for inclusion on your tax return as a prepaid medical expense. Of course, you’ll want to discuss any contracts with your advisor to make sure Lifecare and its benefits are right for you.

Predictable costs.

Because Lifecare is a comprehensive plan with predictable monthly costs, you never have to worry about hidden charges. These monthly payments are like the costs in independent living, including a higher level of care.

Experience Convenient Healthcare for Seniors at Monroe Village

When it comes to healthcare at Monroe Village, resident Guy Darrin said, “In Monroe Village, I don’t have to go outside to reach anything I need, it’s all under one roof. I can walk to the Fitness Center, I can walk to the Clinic…” For Guy and many of the other residents, having nearby healthcare is a priority. They’ve found that at Monroe Village, our on-site clinic is an incredible convenience. It offers a complete team of medical professionals, x-ray abilities, lab tests and more.

Contact our team to learn more about the peace of mind Lifecare can offer you at Monroe Village.