Baywoods of AnnapolisBaywoods of AnnapolisPet Friendly Retirement Community Pets can bring so much joy and help relieve anxiety and stress. In this article, we’ll review how to make sure your retirement community is well-aligned with the needs of you and your pet. It doesn’t take a rocket scientist to realize that pets can be comforting companions, particularly as we grow older. Walking a dog can provide great exercise, loving companionship, and help provide purpose.
Onsite Health Care Services When you are choosing a continuing care retirement community, it’s usually based on the idea that you’re currently able to live independently. Most people know that situation may change later, and want to make sure that if the need arises that there is a full compliment of services available to help them. Retirement communities come in many varieties, but one of the major factors that should influence your decision in choosing one is the availability of onsite health care services. At BayWoods of Annapolis, we provide short-term rehabilitation services, traditional skilled nursing care as well as assisted living care. We are able to support those living Independently by offering many support services here on site. That means no unnecessary shuttling back and forth from health care facilities. If you have any questions about the onsite care offered at BayWoods of Annapolis, feel free to contact us as a resource for your needs. Once you move to a retirement community, your health care requirements may change down the road. BayWoods of Annapolis works to provide peace of mind for our residents. You can enjoy the independence of your own living space knowing that onsite medical services are
Choosing a retirement community is a big decision. How do you know you’re making a choice that will make you or your loved one happy? Use this checklist to ensure your retirement community has all the amenities that will allow you to live a happy, healthy lifestyle. 1. Continuing Care levels Available: Having additional levels of care available when you need is a must. After all, you made the move to a Retirement Community so that you will not have to be burdened with additional moves. You want to make sure that there is an Assisted Living and Skilled Nursing/Short–term Rehab on site for your healthcare needs. You should have the support there when you need it. 2. Fitness Center and Indoor Pool: Fitness facilities/activities such as water aerobics provide the cardiovascular and mental health benefits associated with regular exercise in a low-impact environment. A refreshing exercise class in a warm pool is a perfect way for retirees to get appropriate exercise without risking injury. BayWoods of Annapolis residents love the option of swimming in the pool and taking instructor led fitness classes. 3. Putting Green Hitting the links may not be such an attractive option anymore, as long days
Assisted Living Benefits Many seniors desire to live in their family home as long as possible. Often, seniors are concerned that they will have to sacrifice a certain level of independence as time goes on. At Baywoods of Annapolis, we have worked with seniors of all ages to provide them as much (or as little) support as they need. In this article, we’ll discuss some of the common ways that an assisted living community can be a smart choice for you and your family! Maintenance Free – No more cleaning the house, doing yard work, making repairs, or shoveling the driveway! Assisted Living enhances your retirement years and lets you focus on the tasks you enjoy. Easy Dining – Many Assisted Living facilities offer a choice of dining options. In most cases, these options can be customized to meet your nutritional needs or lifestyle preferences. For example, at Baywoods of Annapolis, we offer: Restaurant style dining with table service, Bistro for casual dining, Carry-out service, Private dining room and catering for special occasions, Full-service cocktail lounge. Socialize & Live Longer – As we age, our social interests and options may change. Most assisted living facilities have activities that accommodate every
Continuing Care Retirement Community We all want what’s best for our loved ones. At some point, we realize that our parents or loved ones cannot live as well or as safely independently like they used to. When everyday activities become difficult, a move to a continuing care retirement community will help a retiree thrive. Here are some helpful suggestions to consider before you tour a senior community. Is this a Financially Feasible Option? The first thing to consider is whether moving to a senior living community makes financial sense for your loved one. Is their current living situation safe for them, then consider is the house upkeep draining their finances. Many seniors have to get help or contract with services outside of the home to keep their property up. Sit down with your parents and determine what they are spending on a monthly basis to keep their home going. Real Estate taxes, school taxes etc. Ask them to calculate the amount they receive from all retirement accounts and Social Security payments. Once you have an idea about what they currently spend on a monthly basis, then look at what they can afford. At this point the process becomes easier. A
Retirement Community Types At BayWoods of Annapolis, we want seniors to make informed decisions about their retirements, so we’ve created a quick comparison of the different types of retirement communities that you’re likely to encounter. If you have any questions about the costs of living at BayWoods of Annapolis, feel free to get in touch with our staff. Insurance Model or Life Care Community The design of a Life care model or Insurance model community usually has monthly fees associated in Independent Living that would follow them throughout their life. No matter what level of care they received. Most Life care communities require larger up-front fees, then monthly payments that are contingent on your health status for the duration of care and service. The larger entry fee covers the cost of future care requirements. Fee-for-Service This is the most straightforward model, a fee-for-service plan, requires you to pay for only those services that you use or need. This works best for most people because they are not paying high costs for services that they may never need or utilize. Their monthly payments are usually required a little higher but entrance fees are lower. These communities are very popular and practical
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
Virtual Dividends In this series, we have discussed many benefits of living in a co-op community, with continuing care. But, while writing this series, something amazing happened! The residents of Baywoods of Annapolis received something that is literally unheard of in the industry – virtual dividends! That’s right, for the month of December? the residents voted to give themselves a fee-free holiday! Here’s how it happened! For-Profit Housing Cooperative As we have discussed, Baywoods of Annapolis is a Continuing Care Retirement Community that is structured as a for-profit housing cooperative (co-op) for seniors. As such, residents are shareholders in the community and collectively make decisions on the activities, services, and food provided. They have a direct hand in the future of the community. Each of these decisions is influenced by the preferences of the community, but the group also make decisions that will be beneficially cost-effective. Exceeded Sales Goals So, in 2016, the sales for Baywoods Cooperative Housing Corporation (BCHC) were better than expected. Actually, sales far exceeded goals and most expenses were well within budget! So, the residents decided to take those profits and provide a ‘fee-free holiday’ for each resident, for one month. This fee free holiday is like receiving a
COOPERATIVE SENIOR LIVING In Part 1 of this series, we discussed the significant financial benefits that cooperative living can provide retirees. In Part 2, we review additional benefits that Co-Op Living can offer you in a retirement community setting. Community and collaboration are important benefits of cooperative living. Since residents jointly own shares in the community, their desire to be involved is natural. Involvement and engagement in the community is a key benefit for seniors. Co-ops like Baywoods of Annapolis offer residents a true sense of community by offering the services and activities that are of greatest interest to the members of the community. The residents have a voice in the community through their own elected board of Directors whom represent the Community. The Community is NOT owned by an outside corporation instead it’s owned collectively by the resident shareholders. Continuing Care Retirement Communities, (CCRC’s), co-ops are designed to help members age-in-place. Aging in place means that the co-op has designed the Campus to accommodate it’s residents as they grow older. A Variety of amenities that make your day to day life easier and stress free for instance Wellness Checks by an RN, Daily health monitoring, Home Care services available.
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
Continuing Care Retirement Community We all want what’s best for our loved ones. At some point, we realize that our parents or loved ones cannot live as well or as safely independently like they used to. When everyday activities become difficult, a move to a continuing care retirement community will help a retiree thrive. Here are some helpful suggestions to consider before you tour a senior community. Is this a Financially Feasible Option? The first thing to consider is whether moving to a senior living community makes financial sense for your loved one. Is their current living situation safe for them, then consider is the house upkeep draining their finances. Many seniors have to get help or contract with services outside of the home to keep their property up. Sit down with your parents and determine what they are spending on a monthly basis to keep their home going. Real Estate taxes, school taxes etc. Ask them to calculate the amount they receive from all retirement accounts and Social Security payments. Once you have an idea about what they currently spend on a monthly basis, then look at what they can afford. At this point the process becomes easier. A
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