Planning for the Future Can be Difficult. This is specifically true as we age, as health events tend to occur more frequently after age 70. These health events which can be an emergency, medical complications or a new diagnosis for you or your loved one, require higher levels of care and as such, are difficult to navigate; and without proper planning, can cause uncertainty and financial stress.
What Does the Data Show? The U.S. Department of Health & Human Services reports that about 70% of seniors 65 plus will need some type of long-term care for an average of three to five years. Long-term care is expensive and in the greater Miami area, the average cost of assisted living is $66,000 per year, memory care averages $84,000 per year and long-term nursing care can cost $10,000+ per month. Not knowing how much care you’ll need or for how long is difficult to plan for and budget accordingly – but there are attractive options to help plan for these occurrences, such as a Life Plan community like FiftyTwoNorth.
What Does Life Plan Mean to You? Under a Life Plan contract, you financially plan for the future and mitigate costly health risks with safety and security. FiftyTwoNorth uses a successful industry-proven financial model based on a one-time upfront entrance fee and predictable monthly fee. With refundable entrance fee contract options, you also ensure that a portion, from 50% to 95%, of your investment is returned to you if you ever move out – or refunded to your estate upon death. These benefits increase in value if you are or become a Priority Club Member, which we are happy to discuss with you.
Access to Healthcare Benefits. Under a Life Plan contract, you are securing your access to critical healthcare services and a plan to receive such before any care needs arise and also receive a $2,000 monthly lifetime healthcare discount towards those services. With this valuable benefit, you will be able to apply $2,000 per month/per person toward the full market rate cost of assisted living, memory care or nursing care on the FiftyTwoNorth campus under the auspices of the reputable Miami Jewish Health healthcare team. This healthcare discount equates to savings of $24,000 each year or $84,000 for an overall average stay of 3 to 4 years.
Peace of Mind for Your Future. FiftyTwoNorth provides for safe, upscale and secure independent living with many additional advantages of a maintenance-free residence, $2,000 monthly health services discount, priority access to healthcare if needed, asset preservation, possible tax benefits and total certainty for whatever the future may bring. Plus, by putting a plan in place and moving while you’re independent, you can enjoy all the benefits of FiftyTwoNorth’s luxurious lifestyle once it opens, rather than waiting for unexpected circumstances to make the decision for you.
Take the First Step Today. Make the smart choice for your future by calling (786) 998-9320 to schedule an appointment at our Information Center to learn more.
