Finding the Ideal Retirement home in Allen
Consider all the choices you’ve made in your life. As you approach your retirement years, the choices you make now are just as meaningful. When you look into all your choices for senior living in Allen, it can be overwhelming to refine your selections.
Depending on advice from your loved ones can be challenging, especially when their own calendars are so busy. You don’t want to put any extra pressure on them. That’s why it’s important to get informed about senior living communities, considering both the upsides and drawbacks so that you can make a decision that will lead you toward your own version of a peaceful retirement.
Which option is the top choice to live for seniors in Allen?
Let’s begin by evaluating two main types of senior living communities: independent living and continuing care retirement communities, also known as CCRCs. As you explore both options, you’ll want to be informed about the key points between the two.
Independent living communities—like Alexis Estates in Allen—are tailored to adults who typically don’t need assistance with the activities of daily living. If they do need additional help, they’ll need to arrange it separately. Residents benefit from all the amenities, services, and care support offered in their monthly rental fees.
CCRCs, or continuing care retirement communities, are intended for independent seniors who anticipate needing a significant level of healthcare services or daily living assistance in the future. They provide a range of living arrangements, from independent living to skilled nursing. Residents sign a contract and pay an upfront payment, along with regular monthly charges.
The best choice for you will depend on your unique preferences.
Would senior independent living at Alexis Estates be a suitable fit for me?
Senior independent living at Alexis Estates was created for people who:
- Are 55 or older.
- Are relatively healthy and active.
- Aren’t dependent on help with daily routines like putting on clothes, showering, meals or managing prescriptions.
- Want to stay connected and continue their hobbies and interests.
- Prefer living in a place of their own with freedom from home maintenance and upkeep.
Why does independent living offer value?
At Alexis Estates, you get all the perks of independent senior living without the contract obligations and costs of a CCRC’s contracts and costs.
What does it mean to live in a CCRC
CCRC stands for continuing care retirement community, sometimes referred to as a “life plan” community. In this type of senior living arrangement, you’ll find:
- Independent living apartments or homes
- Assisted living units
- Memory care units for those with dementia or Alzheimer’s
- Skilled nursing suites for individuals needing 24/7 care
Even if you may never need advanced care, you’ll still be financially covering the costs. That’s a major point to weigh when evaluating your long-term financial goals.
At Alexis Estates, you get all the advantages of independent senior living without the legal and financial risks of a CCRC’s contracts and costs.
What’s important to learn about CCRC contracts?
Moving into a CCRC requires signing a complex, legally binding contract and providing a large entrance fee along with monthly fees. If your financial situation becomes different or you decide to leave, your entrance fee may not be refundable—depending on the conditions of your agreement. If the property is purchased by someone else, your contract terms might also shift. It’s a good idea to consult with a legal expert and a financial advisor before signing.
In contrast, moving into independent living at Alexis Estates in Allen only requires a straightforward rental agreement. No initial payments, no multi-year agreements, and total monetary freedom.
Must all CCRCs require contracts?
Yes. And they typically come in one of three contract types:
- Type A – Extensive Life-Care Contracts: You cover upfront for future healthcare.
- Type B – Modified Contracts: partial coverage is included, with additional costs later.
- Type C – Fee-for-Service Contracts: Least expensive upfront, but costs rise as you need more care.
How much are the real costs of a CCRC?
According to the National Investment Center for Seniors Housing & Care, the typical upfront cost for a CCRC is $402,000, but it can start at $40,000 to over $2 million.
Monthly fees can go from $500 to over $3,000, and they generally rise over time. You may need to use your home’s value, long-term care insurance, and personal savings just to manage the payments.
At Alexis Estates, there are no initial charges. You simply pay one monthly rate and preserve your retirement savings.
How does independent living at Alexis Estates differ from a CCRC?
Feature | Alexis Estates | CCRC |
| Level of Care | Independent only | Full spectrum |
| Costs | Lower, monthly only | High upfront + monthly |
| Commitment | Flexible rental | Long-term contracts |
| Location | Allen | Mostly urban areas |
Should I pick Alexis Estates or a CCRC?
Go with Alexis Estates in Allen if you:
- Want to feel at home in a place where you're valued and engaged
- Want freedom from home maintenance
- Are looking forward to a vibrant, social retirement lifestyle
- Live independently and in good health
- Would rather avoid costs for care you may never use
- Value freedom of choice over binding contracts
Ready to move into senior living in Allen?
Say goodbye to outdated views of retirement homes. Senior living communities like Alexis Estates are vibrant, engaging places that support the modern expectations and lifestyles of today’s seniors.
What are the benefits of moving to Alexis Estates?
Socialization: Stay mentally and physically active with games, learning sessions, day trips, and celebrations.
Security: Safety alert tools, protected residences, and thoughtful design for fall prevention offer peace of mind.
Amenities: Enjoy everything from delicious meals and fitness centers to libraries, salons, and group activities.
Care When You Need It: While Alexis Estates focuses on independent living, we can support access to care services if your needs ever shift.
Join Us for a Tour of Alexis Estates in Allen
At Alexis Estates, we keep things easy—simply wonderful, simply fun, and simply the right choice for independent senior living in Allen. We’re excited to chat with you, show you around, and treat you to a delicious chef-prepared meal. Find out why so many active seniors love calling us home. We look forward to welcoming you.