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A retirement home – sometimes called an old people's home,[1]old folks' home,[2] or old age home, although old people's home can also refer to a nursing home[3] – is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has an apartment-style room or suite of rooms with an en-suite bathroom. Additional facilities are provided within the building. This can include facilities for meals, gatherings, recreation activities, and some form of health or hospital care.[4] A place in a retirement home can be paid for on a rental basis, like an apartment, or can be bought in perpetuity on the same basis as a condominium.[5]
A retirement home differs from a nursing home primarily in the level of medical care given. Retirement communities, unlike retirement homes, offer separate and autonomous homes for residents.
Retirement homes offer meal-making and some personal care services.[6] Assisted living facilities, memory care facilities and nursing homes can all be referred to as retirement homes. The cost of living in a retirement home varies from $25,000 to $100,000 per year, although it can exceed this range, according to Senior Living Near Me's senior housing guide.[7]
In the United Kingdom, there were about 750,000 places across 25,000 retirement housing schemes in 2021 with a forecast that numbers would grow by nearly 10% over the next five years.[8]
^"old people's home - Definition and pronunciation | Oxford Advanced Learners Dictionary at OxfordLearnersDictionaries.com". Oald8.oxfordlearnersdictionaries.com. Retrieved January 12, 2013.
^"Old folks' home definition and meaning | Collins English Dictionary". Collins English Dictionary. HarperCollins Publishers. Archived from the original on May 17, 2021. Retrieved August 11, 2023.
^"old people's home – Definition from Longman English Dictionary Online". Ldoceonline.com. Retrieved January 12, 2013.
^Castle, N. G.; Ferguson, J. C. (2010). "What Is Nursing Home Quality and How Is It Measured?". The Gerontologist. 50 (4): 426–442. doi:10.1093/geront/gnq052. PMC 2915498. PMID 20631035.
^"What is a Retirement Home?". Archived from the original on 22 February 2014. Retrieved 9 February 2014.
^"What is a Retirement Community? | ARCO". www.arcouk.org. Retrieved 2020-05-07.
^"How To Find Affordable Elderly Housing Near You". Senior Living Near Me. Retrieved 2020-05-11.
^"Retirement housing to grow 10% over next five years, property consultant predicts". Home Care Insight. 3 August 2021. Retrieved 6 September 2021.
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