Financial Planning

Live as Independently as Possible in Jacksonville, Florida

Financial Planning for
Wyndham Lakes

Beyond priceless peace of mind, senior living can be more cost-effective than remaining in your home. We understand that financial considerations are a significant part of this transition, and our goal is to provide clear, reassuring information to help you plan confidently.

How Much Does Senior Living Cost?

The cost of senior living at Wyndham Lakes depends on the individual’s needs and required level of care. Before a new resident moves in, we conduct a comprehensive assessment to ensure we tailor our services to provide the best possible support and value.

Our all-inclusive monthly fee typically covers:

Housing:

Comfortable and secure accommodations

Meals:

Delicious, chef-prepared meals served daily

Care Services:

Personalized assistance with daily activities, medication management, and more (based on assessment)

Housekeeping:

Regular cleaning and linen services

Activities & Programs:

A vibrant social, recreational, and wellness calendar

Senior Living vs. Homeownership: A Cost Comparison

Many families are surprised to discover that the “all-inclusive” nature of senior living can often be more financially predictable and less burdensome than the ongoing costs of homeownership. When comparing, consider these everyday expenses associated with maintaining a home in Jacksonville:

• Mortgage or Rent Payments
• Property Taxes
• Home Insurance
• Utilities: Electricity, gas, water, internet, cable, trash removal
• Home Maintenance & Repairs: Unexpected expenses for plumbing, roofing, appliances, landscaping, etc.
• Groceries & Meal Preparation

• Transportation Costs
• Out-of-Pocket Healthcare Expenses
• Social & Recreational Activities

At Wyndham Lakes, our comprehensive services help save you time, stress, and often money by consolidating various expenses into one predictable monthly fee. This allows residents to enjoy their golden years without worrying about home upkeep.

Ways to Save on Senior Living Costs

Wyndham Lakes helps families make senior living more affordable with several options:

• Veterans Discounts: $100 monthly discount for Veterans.
• Long-Term Care Insurance: Accepted for Assisted Living and Memory Care. Coverage is determined by the provider and our business office.
• Resident Referral Program: $1,000 rent credit applied 90 days after the resident’s friend moves in.
  

State Assistance Programs

To support eligible residents, we participate in Medicaid and PACE (Program of All-Inclusive Care for the Elderly).

Local Resources

Our community partners with the Mandarin Senior Center, Alzheimer’s Day Program at River Garden, ElderSource, and the National Association of Veterans & Families.

Next Steps: Plan Your Future
with Confidence

We invite you to experience the warmth and quality of life at Wyndham Lakes.

Our dedicated team is here to guide you through every step of the process. We will help you explore available financial options, answer your questions, and ensure you feel confident and secure in your decision.