The RiverWoods entrance fee is a one-time investment in maintaining your independence, giving you the security of a supportive, caring resident-centered community. Entrance fees help provide capital funds for upkeep, enhancements, and the wide range of services, programs and staff that a well-run community like RiverWoods requires. You can rest assured that you have access to a complete continuum of services that deliver the care you need, when you need it.
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Even though your residence in a continuing care retirement community is maintenance-free, RiverWoods does require maintenance. Entrance fees help fund enhancements and the wide range of services, life-enriching programs, and exceptional, caring staff that a well-run community requires. Entrance fees ensure that you will have a well-maintained and engaging place to call home.
Unlike many other senior living options, continuing care retirement communities, also called CCRCs or LifePlan communities, provide quality, on-site healthcare services should your needs ever change – all while supporting a great lifestyle for independent seniors. And, as a not-for-profit organization, Asbury maintains a benevolent care program through the Asbury Foundation, offering financial support to residents who have outlived their resources through no fault of their own.
The Standard Plan is the most affordable way to enjoy RiverWoods. In this plan, the entrance fee amortizes over 60 months of residency. This means that during those first 60 months you live at RiverWoods you could receive a partial refund of your entrance fee*. After 60 months, however, no refundable portion of your entrance fee remains.
In exchange for a higher upfront entrance fee, you or your heirs will receive a 50% refund of the fee once you are no longer a resident of RiverWoods. Additional details can be found in our pricing plans document.
Are you interested in learning more about pricing for RiverWoods senior living? Complete the form below to receive your 2021 Pricing Guide via email!
*Generally, the entrance fee is refunded when your residence is re-occupied by a resident who pays a new entrance fee. Specific terms regarding the refund of entrance fees are contained in the Residency Agreement. Carefully read the Residency Agreement for the conditions that must be satisfied before Asbury is required to pay the entrance fee refund.