Stonebridge at Montgomery: Understanding Entrance Fee Models
January 27, 2025
Deciding on a senior living community is a meaningful choice, especially when planning for financial stability and long-term care. As a Life Plan Community, Stonebridge at Montgomery provides a unique entrance fee model that ensures quality accommodations and services and offers a continuum of care that adapts as residents’ needs change. But what is an entrance fee for senior living, and what specific benefits does it bring to residents at Stonebridge at Montgomery? Let’s look at how this model works, what it covers, and how it supports a rewarding lifestyle within our vibrant community.
Entrance Fee Senior Living vs. Rental Communities
One of the primary considerations when evaluating senior living communities is the payment structure. Entrance fees and rental communities operate differently, each offering benefits based on residents’ preferences and financial goals.
Entrance Fee Communities: At Stonebridge at Montgomery, the entrance fee is an upfront, one-time payment that secures your residence within our community and ensures priority access to advanced care services should you need them. This fee makes it possible to keep monthly expenses predictable and stable over time, allowing you to budget for the future comfortably. As a Life Plan Community, Stonebridge provides seamless access to a full continuum of care—from independent living to assisted living and skilled nursing. This arrangement gives residents and their families peace of mind, knowing that future care needs will be met within the same supportive environment.
Rental Communities: Rental communities, by contrast, generally operate without a large upfront entrance fee. Instead, residents pay for accommodations and services every month. While this may seem appealing for those looking for lower initial costs, rental community residents typically face higher monthly fees and may need to relocate if they require advanced care services, like skilled nursing or memory care. This can create uncertainties, especially if health needs evolve, potentially disrupting the comfort and familiarity of a single community.
What Does an Entrance Fee Cover at Stonebridge at Montgomery?
An entrance fee at Stonebridge is more than just a financial investment—it’s an investment in a lifestyle that supports security, health, and enrichment. The entrance fee covers a range of amenities and services designed to enhance residents’ experiences and maintain their quality of life throughout their time here. The entrance fees vary based on factors like residence size and selected refund options, giving residents the flexibility to choose a plan that suits their financial preferences.
Entrance Fee Options at Stonebridge at Montgomery
Stonebridge at Montgomery offers various entrance fee options for different financial goals and lifestyle preferences. These options include:
- Non-Refundable Entrance Fee: This option provides the most cost-effective way to access Stonebridge’s Life Plan Community benefits, covering all the lifestyle services, wellness programs, and amenities while remaining an affordable choice for those planning a long-term stay.
- Refundable Entrance Fee Options: For residents who wish to retain some of their initial investment, Stonebridge offers partially refundable plans that return a percentage (such as 50% or 90%) of the entrance fee to the resident or their estate. This option provides peace of mind and financial flexibility for residents and their families.
Why Choose the Entrance Fee Model at Stonebridge at Montgomery?
The entrance fee model offers several key benefits that support financial security and quality of life, making it a valuable choice for residents of a Life Plan Community like Stonebridge.
1. Financial Stability and Predictable Monthly Costs
With an entrance fee, residents benefit from a predictable monthly fee lower than what is typically found in rental communities. This allows for easier budget planning and eliminates the stress of unpredictable increases in monthly expenses. This financial stability is essential for retirement planning and enables residents to fully enjoy their senior years with peace of mind.
2. Access to Comprehensive, Onsite Care Options
As a Life Plan Community, Stonebridge at Montgomery guarantees access to a continuum of care services, including independent living, assisted living, memory care, and skilled nursing. This continuity of care ensures that as health needs change, residents can remain within the same supportive community, surrounded by familiar faces and a trusted staff.
3. A Wealth of Amenities and Life-Enriching Programs
The entrance fee contributes to the wide variety of amenities and programs that make life at Stonebridge at Montgomery fulfilling and enjoyable. Residents can access fitness and wellness programs, chef-prepared meals, cultural events, and social activities. These amenities create a vibrant lifestyle that supports physical, mental, and social well-being, helping residents to thrive.
4. Community Connection and Lasting Relationships
Stonebridge at Montgomery’s entrance fee model fosters a close-knit community where residents can develop lasting connections with neighbors and staff. This sense of stability and camaraderie creates a strong support network, making it easier for residents to feel secure and at home as they transition through different phases of aging. The welcoming environment is designed to ensure that each resident feels they belong within the Stonebridge community.
Explore Stonebridge at Montgomery and Discover the Benefits of Our Life Plan Community
Choosing a senior living community is a major decision, and the entrance fee model at Stonebridge at Montgomery is designed to provide you with stability, a continuum of care, and a vibrant lifestyle full of opportunities.
If you’re considering senior living and want to know more about the advantages of an entrance fee community, we invite you to explore the exceptional experience we offer. Contact Stonebridge at Montgomery today to schedule a tour and see firsthand how our Life Plan Community can support your retirement goals and provide a secure, enriching environment to call home. We look forward to welcoming you.