NEWS & ARTICLES

3 Ways to Age Wisely and Live Longer

Aging Wisely Depending on who you ask, some would say that age is just a number while other will say it’s all about your state of mind. Either way, we are all “growing older and wiser” each day.  But, what can you do now to help prepare your body, mind, soul, and family for the inevitability of aging?  In this article, we will highlight a few tips to help you

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Cooperative Senior Living: Part 1 – A Smart Financial Decision

Cooperative Senior Living When you are touring communities for a place to retire, there are a variety of lifestyles and options available.  In this article, we provide you with five reasons you should consider a cooperative community (co-op) like Baywoods of Annapolis for your retirement! Cooperative communities, also referred to as ‘co-ops,’ are a great consideration when looking at Retirement communities. Include them as part of your search.  First, you should understand that a typical co-op is often structured so that all of the residents own the cooperative together, which allows them to share in the tax and financial benefits of ownership.  So, residents reap many of the same benefits as owning a home. Most co-ops have monthly dues that cover the costs of routine maintenance, landscaping, cleaning, and in some cases, on-site dining and various supportive services. By pooling together the needs of the entire community, and eliminating the middle-man, you have the ability to control costs, without the burden of sole ownership. Co-ops have the potential to build equity, just like real estate. For example, the Baywoods of Annapolis co-op offers a unique lifestyle, with a prime waterfront location.  A waterfront community is a sought-after feature not available

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