Overhead view of the surrounding countryside

Ready to Retire? Checklist of Things to Consider.

Mar 8, 2023

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Retirement is often referred to as “life’s reward” for working hard, saving and planning for the moment when you can spend more time pursuing life based on your own plan. You’ll want to make sure you spend it in a community where you can live out the next chapter of your life doing the things you truly enjoy while having the peace of mind that you’re on a solid long-term financial foundation. Applewood has created this checklist of the things you should consider when looking for a community that will engage and support you throughout your retirement.

Checklist of Things to Consider When Choosing Retirement Communities in New Jersey:

  1. Consider a Continuing Care Retirement Community. Think about finding a community that will care for you as you grow and your needs change. Applewood is a Continuing Care Retirement Community (CCRC) providing additional assistance at whichever stage of support you require. Here at Applewood, we offer independent livingassisted livingskilled nursing and memory care.
  2. Think about the benefits of a Life Care Plan. Consider a community like Applewood that offers a Life Care Plan providing a predictable monthly rate that stays roughly the same even as you transition into more specialized levels of support like assisted living and memory care. This can help put your mind at ease by providing some clarity about your long-term financial commitments for your care. We like to say our Life Care plan is something you invest in today that protects you long into your future.
  3. Find a community that fits your needs — and your wants. Consider a community that fits your lifestyle and elevates it with amenities and programs close to home. Applewood offers chef-prepared meals crafted from locally-grown produce, a round-the-clock fitness and aquatics center to help you stay active and fit, clubs and activities to suit your interests and housekeeping services for your maintenance-free apartment.
  4. Look for opportunities to explore. Find a home with easy access to off-campus adventures. Applewood is centrally located between Atlantic City beaches, New York City restaurants and shopping, and Philadelphia historic sites. Our region also offers plenty of local attractions, including antique stores, lighthouses, museums and farmers’ markets.
  5. Find quick access to health care. Look for a community that’s near the health care providers you’ll rely on to treat you throughout your life. At Applewood, you would only be two miles from CentraState Medical Center, which offers a full range of healthcare services. And with Applewood’s partnership with CentraState, an Atlantic Health Partner, our nurses and staff can work hand-in-hand with the hospital’s medical providers to help coordinate your care.
  6. Look for a cost-conscious community. Minding your costs is a key part of retirement, so think about finding a community that offers a new home that fits your financial situation. Applewood provides a cost calculator to help you pick just the right floor plan based on your net worth, annual income, and household size.
  7. Which retirement community would your financial advisor choose? We encourage you to talk with a financial advisor to consider all the impacts of moving to a new home in a New Jersey retirement community. If you’re moving from one state to another, how would that impact your taxes and Medicare benefits? Talk with your advisor about how your move would affect your estate planning and other aspects of your financial life.

Contact us to learn more

We are pleased to bring you this list of things to consider when retiring to Freehold, New Jersey. Consider charming and elegant Applewood for your retirement living. Are you ready to take advantage of all that Freehold, New Jersey, has to offer? Get in touch with us today. Call us at 732-303-7416 to learn more and schedule a tour.