Research Shows Reasons Why Retirees Don’t Move to a Retirement Community

Recently we discussed that the #1 reason why retirees move to a retirement community is the guarantee of health care.

But, what about those who choose to stay in their homes?  Our research shows that these are the reasons why retirees stay where they are:

1)     Cost – You may think that a retirement community PA has is costly, yet you may also be surprised to learn the value of services that are included in the monthly fee.  Many costs that you now pay separately are paid for in the monthly fee.  For example, utilities, housekeeping, home maintenance, transportation and some meals are included.  Residents at Sherwood Oaks no longer pay real estate or school taxes, and receive a tax benefit because they’ve pre-paid much of their future medical expense.  Most importantly, retirees have the financial security of not having to set aside money for the high cost of extended health care.

2)     “I’m Too Young” – Most residents I’ve spoken with wished they moved sooner, not later.  The younger you are when you move, the more you can benefit from the health care plan and enjoy the lifestyle and activities.

3)     “I Don’t Know Where to Begin my Move” – That’s where we can help.  We’ve assembled a complete package of services to help you move.  From realtors to moving companies to estate sales, we work with a solid, professional team who understands what you are going through.  We even pay the cost of a professional moving organizer to meet with you in your home and get you started.

If you have a personal circumstance that you’d like to discuss with a member of my staff, contact them at   One last thought – putting off a move to next year does not make it any easier.

Research Shows #1 Reason Why Retirees Move to a Retirement Community

Our most recent survey of residents shows that the #1 reason why retirees move to Sherwood Oaks is the availability of guaranteed, on-site health care.  “Retirees really want to plan for their futures,” remarks Mark D. Bondi, President and CEO of Sherwood Oaks, “and securing convenient and top notch health care is a prime consideration for where they want to live.”

In 2009 Sherwood Oaks undertook a major expansion of health care services.  The Oak Grove Center, a 30 bed care facility was recently completed that offers private, personal care to persons suffering with memory loss.  In addition, renovation is currently underway to the community’s skilled nursing facility.  These changes will provide residents with private rooms that are organized in a home-like setting.  The renovations to nursing care are expected to be completed in 2011.

“These renovations are a wonderful benefit to persons considering a move to Sherwood Oaks” concludes Bondi, “although you may not need health care now – you want to be prepared for what life has in store for you in the future.”

Our next story will discuss the reasons why retirees decide not to move to a retirement community-PA facility.  Stay tuned.