Understanding the Cost

Choosing a Life Plan Community like Beacon Hill means gaining the security and peace of mind that comes with having a comprehensive plan for the future. That’s because, unlike a rental community, a Life Plan Community offers a predictable and all-inclusive approach to living, with access to multiple levels of care as your needs evolve.

What’s included in your entrance fee?

The entrance fee is a one-time cost that secures your residence and guarantees access to the services and amenities of our community. It also provides peace of mind, ensuring care is available when you need it. Many residents fund this fee from the proceeds of selling their home, making the transition seamless and financially practical.

What’s included in your monthly fee?

Our monthly fees are designed to simplify your living expenses. They cover a wide range of services and amenities, including maintenance, utilities, dining, fitness programs, and more. For many residents, these fees are comparable to or even lower than the combined costs of living independently, once you factor in property taxes, yardwork, and other homeownership expenses.

Are there tax benefits associated with a move to Beacon Hill?

Living in a Life Plan Community may also offer financial advantages during tax season. State laws vary, but many seniors find that portions of their fees can be deducted. We always recommend consulting your tax advisor to explore the specific benefits available to you.