WHAT IS A LIFE PLAN COMMUNITY?
A retirement community that offers true Life Plan is considered the highest standard among retirement living options. It’s an innovative and independent lifestyle that is different from other senior housing and care options. At IL Villaggio, you pay a one-time 75% repayable entrance fee and a monthly service fee. The monthly service fee pays for your use of the amenities and enjoyment of the services the community offers. The entrance fee gives you lifetime use of your home and guarantees your unlimited access to the community’s continuum of on-site health care, including assisted living, skilled nursing and memory support.
Your monthly service fee with a Life Plan Community doesn’t change based on the level of care you require. Because future long-term care is provided with no increase to your monthly service fee, the community assumes the risk of your future long-term care costs. Also, as a resident of IL Villaggio, you’re assured that if, through no fault of your own, your financial resources are depleted, you won’t be asked to leave the community.
It’s true peace of mind — so you’re free to focus on the things you love to do, without worry for the future.
WHAT IS THE DIFFERENCE BETWEEN A CCRC AND A LIFE PLAN COMMUNITY?
IL Villaggio at San Luis Obispo is proud to be part of a nationwide initiative to rename "Continuing Care Retirement Communities" as Life Plan Communities. This initiative is designed to help communicate to the public that communities like ours are about so much more than care. We are about life, and living life to its fullest.
Research has shown that, for years, the name "Continuing Care Retirement Community" has given people a misleading impression of what communities like IL Villaggio are. While, as a member of the San Luis Obispo community, we are certainly proud of the health care services we will provide, IL Villaggio will offer so much more, and being a Life Plan Community helps us communicate that.
We will have large residential homes with full-size appliances and all the amenities found in new homes today. More importantly, we offer fitness and wellness programs, fine dining, creative enrichment programs, socializing opportunities, and much, much, more. And of course, we still take care of all the home maintenance, housekeeping, and yard work!
People that move to communities like IL Villaggio tend to be planners, people who like to know they’ve made the decisions they need to make to ensure they have a solid plan in place for their future. They are self-directed planners who aren’t looking for “care”; rather, they want a life filled with possibilities and options. A Life Plan Community provides just what they need. Having a plan in place-the security of the safety net provided by the availability of healthcare, coupled with the freedom from not having to manage all the day-to-day tasks that come with homeownership- allows residents to live life to the fullest.
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LOOK FORWARD TO BIG POSSIBILITIES
IL Villaggio is a Life Plan Community that lets you get maximum enjoyment from your independent lifestyle. With an array of top-notch services and amenities, our resident-first approach is designed so you can live each day how you want, without daily stresses and burdens, and with a Life Plan Community, you’ll have the assurance of knowing you’re guaranteed access to a continuum of on-site health care, if ever needed.
HERE'S A GLIMPSE OF WHAT'S TO COME
San Luis Obispo-the "Happiest Town in America"
- Maintenance-Free apartment homes and villas in a variety of floor plans
- Restaurant-style dining
- Private dining room
- Housekeeping services
- Washer and dryer in each home
- Fitness center
- Massage & day spa
- Salon & Barbershop
- Multipurpose space
- Building and grounds maintenance
- 24-hour security
- Scheduled entertainment and educational events
- Wellness programs
- Cultural, social and educational opportunities
- Designated, covered parking space
- Walking trails and wetland
- Close proximity to nearby dining and shopping
- Transportation to and from town
- Health clinic and continuum of on-site health care, if ever needed
- Movie Theaters