A Smart Financial Decision

Health Care for Life (and Whatever Life Brings)

At RiverWoods Durham, you join the community as an independent adult and enjoy a hassle-free, active life while we take care of things like home-maintenance, housekeeping, even cooking dinner every night. In the future, if you need care, you have guaranteed access to Assisted Living, Memory Support, or Nursing Care, right down the hall. Your community remains with you, and you don’t have to go through a disruptive change or a second move when or if your health care needs change.

I’d Like to Learn More

With a refundable entrance fee,

I love the security of knowing my future is taken care of and there will be something left to leave my family, too.

A Safe and Secure Plan for the Future

At RiverWoods Durham, you’ll have the peace of mind that any future health care needs will be met within your own community, and are guaranteed at a rate well below market.

Schedule a time to talk with Therese, one of our marketing counselors, and take a tour of RiverWoods Durham

I’d LIke to Make a Plan for the Future

A Plan for the Future

Financial and Tax Advantages

There are many financial implications to consider before moving to a CCRC. Becoming a resident at RiverWoods may present worthwhile tax and financial advantages.

Pre-Paid Medical Expenses
A portion of the one-time entrance fee may be deducted on your federal tax return as a prepaid medical expense. A portion of the monthly service fee may also be deducted (typically 30% to 40%).

New Hampshire’s Tax Advantage

New Hampshire is one of the most attractive states to retire in, due to an appealing tax profile:

No general sales tax.
No state income tax.
No state estate tax.
No capital gains tax.
Lowest tax burden of any New England state.
In the Top 10 of Lowest Tax States in the US. (www.taxfoundation.org)

Do You Have a Plan for the Future?

Older women are twice as likely to live alone as older men.
70% of people over the age of 65 will need long-term care at some point in their life.
32% of adults 85 and older have Alzheimer’s, at an estimated cost of $350,000/year.
58% of adults underestimate nursing home costs. 31% underestimate the cost of assisted living.
9 million Americans provide unpaid care to someone with Alzheimer’s, providing 18.2 billion hours of assistance, an equivalent value of $230.1 Billion.

We’ve made all the important decisions.

Our future health care plan is secure. Even better, our kids won’t have to worry about making these decisions for us.

Asset Preservation and Peace of Mind

Long-term care costs are going up, and we are all living longer. The smart strategy is to plan for the future by locking in a discounted cost for multiple levels of care. When you choose RiverWoods Durham, you also have the promise of asset preservation and financial security with our 90% refundable entrance fee for individuals, 80% for couples.

I’d like to learn more about how to preserve my assets and plan for the future.

Send me an Information Packet

Financial FAQs

What Health Care Services do you offer?

As a nationally-accredited Continuing Care Retirement Community, at RiverWoods you benefit from living within a vibrant and active senior living community and the peace of mind that comes from knowing you have a plan, no matter what your future health care needs may be. Join us as an independent resident, and if your needs change in the future, you are able to receive Assisted Living, Memory Support, or Nursing Care within the same community, cared for by staff you know and trust.

When or if you ever need help with the activities of daily living, we’ll design a personalized plan to help you live life to its fullest — within the same community while maintaining your privacy and your highest level of independence.

Sometimes, all it takes is one patch of ice, one missed step or one minor fall, and your entire life can be thrown into discord for months. A routine hip surgery or knee replacement becomes a significant lifestyle struggle. Be assured that rehabilitative care is here, when or if you ever need it.
What if my spouse needs health care before I do?

Often spouses age differently, and one spouse may need more care than another. Caregiving can put a strain on any relationship, but at RiverWoods these relationships are preserved. One person can receive Assisted Living level of care, allowing the other to be a spouse, not a caregiver.
Who decides if I need more care and what type of care I need?

Moving from Independent Living to Newfound Lodge is a conversation you participate in, not a decision made on your behalf. If care needs are increasing, and you need more help, we will invite you and your family to meet with our team and discuss what kinds of additional help you may need, and how RiverWoods can help. We would decide together if a change would be more beneficial for you and where it would make the most sense for you to receive that care.
What happens if I need a higher level of care?

By choosing RiverWoods you are ensuring a complete continuum of care plan as your health needs change. Our residents are able to transition from Independent Living to Assisted Living to Memory Support or Nursing Care, whenever it is needed and for as long as necessary. Providing all levels of care within one community prevents a disruptive change or a second move when your health care needs have changed.

Each person is unique, and we provide our health center residents with a highly-individualized, personal care plan. Each resident enjoys a private room and bathroom, in a comforting, home-like environment. Going beyond the activities of daily living to provide more intensive and individual care, our caring staff treats each resident with respect and dignity.
Do I need long-term care insurance?

Long-Term Care insurance is not a requirement at RiverWoods. However, depending on what your policy covers, it may reimburse you for expenses when utilizing the services in Assisted Living, Memory Support, Nursing Care.