Retirement Communities
Communities that provide accommodations and support services to older adults who are nearly or totally independent. The level of services may include housekeeping, meal preparation, recreational and social activities and transportation.
More Common Terms
- Group Homes Also known as Board and Care or Residential Care Homes that offer personal care and individual attention for older adults, people with disabilities and others whose limitations prevent them from living alone. These homes generally provide a room (whi...
- Reverse Mortgage A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.
- Adult Day Health Care A type of adult day service that offers comprehensive health services in addition to social and support services. Typical facilities will provide on-site nurses, therapists, social workers and other health professionals.