The average cost for a retirement community is around $350,000, and that’s just the entry fee. The Monthly Service Fee (MSF) adds another $3,500 to $4,500 a month to the bill.

"When you tour a retirement community, make sure to talk to current residents. The staff will always paint the most positive picture of the community, as they are trying to sell you on it.

If a retirement community is on your list, it’s important to plan and research carefully to ensure you make the right choice. After all, you’re not just buying a home; you’re investing in a ...

Community events provide an opportunity to meet other people and make connections. Retirement is often seen as a time for relaxation, but it can lead to isolation without active social engagement.