Cedar Crest's Predictable Costs Provide Freedom, Value, And Peace of Mind

When Bernadette Hourihan and her late husband were exploring their senior living options, Cedar Crest, an Erickson Senior Living community in Pompton Plains, N.J., stood out for many reasons.

"We looked at a lot of other senior living communities, but whenever we visited Cedar Crest, we saw lots of activity," notes Bernadette, who was impressed by the range of clubs and groups.

The community's proximity to family and rave reviews were also significant draws for the couple, but what motivated them to make the move was Cedar Crest's unbeatable value. In fact, when they met with their financial advisor, his advice was, "Go for it. It's a great place!" Bernadette recalls.

Now, she couldn't agree more. With predictable monthly costs that eliminate maintenance, Bernadette has plenty of free time to make the most of her retirement!

Predictable costs

Cedar Crest's pricing structure is made up of two components: the monthly service package and the 90% refundable entrance fee.*

The monthly service package bundles all utilities, except phone and internet; a meal plan at on-site restaurants; maintenance, including repair and replacement of appliances; access to amenities; and regularly scheduled transportation into one predictable payment.

"There's very little to worry about. One bill covers a whole lot--gas, electricity, water," says Bernadette. "My insurance costs dropped tremendously. Fewer bills are coming and going."

The package supports the more than 90% of seniors who say they want predictable monthly expenses covering most of their daily activities, meals, and housing--according to a recent survey commissioned by Erickson Senior Living via Edge Research.

Unbeatable value

The 90% refundable entrance fee, collected as part of the residency process, goes back to you or your beneficiaries, if or when you leave the community.

And because the entrance fee is unique to each residence's features, living at the sought-after community is more accessible than many people realize.

"Cedar Crest boasts a range of one- and two-bedroom residences, which means we are able to accommodate many budgets," says Executive Director Kristen Compton. "People are often surprised by how much value they get for their money."

Bernadette chose a two-bedroom residence, and she was able to customize and update her living space to fit her style and needs. Custom Interiors Coordinator Kristin Clarke worked closely with the General Services department, managing the entire project from start to finish.

"They did an unbelievable job. I even have a laundry room!" Bernadette says. "I couldn't be happier."

So much to gain

Compton notes that amenities are updated regularly as well, not only to enhance residents' quality of life but to ensure the vitality of the entire community.

"By continuously evaluating and investing in our services and amenities, we ensure a dynamic, engaging future for all of our residents," she says. Recently, Cedar Crest planned and executed a refresh of the Woodland Commons Clubhouse and improved outdoor amenities.

Without the responsibility of maintenance and juggling bills, Bernadette has gained more free time to pursue her hobbies and interests and explore the community's new amenities.

"I play bridge a lot, and I've been going to the current events discussion group," Bernadette says. "I go to several different exercise classes, and I even made the bocce team. There's always someone to have dinner with, and that's another social event."

Compton adds, "Our residents receive so much added value--compared to staying in houses that become challenging to maintain or living in communities that don't offer a variety of restaurants, amenities, and activities."

Peace of mind

Most of all, Bernadette appreciates the peace of mind that comes with knowing she has a Home for Life.*

No one ever expects to run out of money, but sometimes unforeseen issues arise that can quickly deplete your hard-earned savings and put you at risk. At Cedar Crest, we've planned for life's uncertainties and are prepared to assist eligible residents who outlive their resources. No one will be asked to leave the community because of a genuine inability to pay.

"Moving to Cedar Crest was the best decision I could have made," says Bernadette. "And the most comforting part for me is that my late husband was part of the decision to move here. He knew it would be the place for me to be because of the activities and sociability and the fact that I would be safe and secure."

Invest in your future self at Cedar Crest. From top-notch amenities to affordable, maintenance-free residences, you are sure to live your retirement to the fullest. Request more information today!

*As per the Residence and Care Agreement.

Written by Susan Ingram