The Benefits of Entry Fee Vs. Rental in Senior Living

ER Senior Management Communities Offer Flexible Financing Options

Are you considering a senior living community but wondering about the finances? Choosing a community is a major decision, and it’s important to have flexibility not only in the offered services and amenities, but also the payment options.

ER Senior Management is unique in the fact that we offer seniors flexibility through the choice of an up to 90% refundable entrance fee plan or a monthly rental option.* Our communities offer Independent Living and a variety of other care services, and we provide person-centered care that puts your specific needs first.

*Not all communities offer the exact same services. Please reach out to your nearest ER Senior Management community for a thorough explanation of our convenient options!

Evergreen Senior Living | Senior woman calculating financial information with associate
If you’re wondering if you can afford senior living, the cost may be less than you imagine when you factor in all the expenses that come with property ownership.

What Are the Advantages of an Entry Fee Payment Structure?

At ER Senior Management, residents can take advantage of our entry fee payment model, which lets people “buy in” with an up to 90% refundable entry fee. This lets you lock in an affordable rate and gives you peace of mind that your needs will be met into the future.

Some advantages of the entry fee payment structure are:

  • The stability of residents
  • The security of a refundable deposit
  • Knowing what you are leaving in your estate

What Are the Advantages of a Monthly Rental Payment Structure?

From the standpoint of cost and security, we recommend the entry fee pricing, but we also offer the option to rent one of our homes or apartments for a monthly fee*. If you’re looking for freedom and flexibility in pricing, this may be the option for you. It essentially works like any other apartment rental: residents pay a community fee at the outset and continue to pay a monthly rent for as long as they choose to live in the community.

Monthly rentals are often a better option for older retirees, or those who would like to live in the apartment building close to amenities like activities, dining, and more.

*Not all communities offer the exact same services. Please reach out to your nearest ER Senior Management community for a thorough explanation of our convenient options!

What Are the Benefits of Living at an ER Senior Management Community?

ER Senior Management has spacious senior living homes and apartments that allow you to imagine the retirement you’ve always wanted. Our communities offer the mix of independence and support that is right for you.

Our communities offer the following services:

  • Independent Living – Designed for seniors who want to keep their freedom, but are looking for relief from the chores and maintenance that come with property ownership, as well as an engaging social environment.
  • Assisted Living – Assisted Living provides support with daily living activities like dressing, eating, and bathing while maintaining the greatest possible level of independence.
  • Skilled Nursing – Short-term acute care provided by licensed medical professionals that is typically designed for seniors who are recovering from an illness or surgery. Our skilled nursing services also include long-term nursing care.
  • Rehabilitation – Utilizes evidence-based practices to help seniors return to an active lifestyle. Treatment areas include physical therapy, occupational therapy, and speech therapy.
  • Respite Care – A short-term care environment that is designed to provide temporary relief to a person’s primary caregiver.
  • Memory Care – Memory Care programs work with seniors who have been diagnosed with dementia or Alzheimer’s and revolves around engaging programming that lets them live with dignity.

Services vary by location; please please view a list of our communities on our website to learn more.

We’ll Work With Your Specific Situation

If you’d like to talk more about our financing options, please contact us to speak with a member of our team.
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