Retirement_village Retirement_village

Retirement village - Definition

Related Words: Abdication, Abstinence, Acquittal, Amortization, Anonymity, Apartheid, Binder, Cash, Confidentiality

A retirement home is a place of residence intended for the elderly.

The usual pattern is that each person or couple in the home has an apartment-style room or suite of rooms. Additional facilities are provided within the building. Often this includes facilities for meals, gathering, recreation, and some form of care. The level of facilities varies enormously.

A retirement home differs from a nursing home primarily in the level of medical care given.

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.

A retirement village, or community, differs from a retirement home in that all residents live separately and autonomously.

There are several retirement homes directories (http://www.residenciasparaancianos.com)

Example Usage of Retirement

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mretirementtips: KKR-Backed Group Said to Bid for Bankrupt Erickson Retirement http://bit.ly/8as4tT
RicDizon: Watched CNN bout ths. Quite a bit of hourly peeps RT @PaulTTran: Ford Offers Retirement, Buyouts 2 Factory Workers http://bit.ly/8M8aZL
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