Cost

Expect Value

Dollars that Make Sense

A retirement plan that doesn’t account for future care needs is only half a plan. As a Life Plan community, University Village allows you to enjoy retirement with confidence, knowing that your move puts a plan in place for your future needs, while protecting your nest egg.

Because so much is included, residents pay for Life Plan communities like University Village in different ways than they would for a traditional single family home or a rental apartment.

Dollars that Make Sense

A retirement plan that doesn’t account for future care needs is only half a plan. As a Life Plan community, University Village allows you to enjoy retirement with confidence, knowing that your move puts a plan in place for your future needs, while protecting your nest egg.

Because so much is included, residents pay for Life Plan communities like University Village in different ways than they would for a traditional single family home or a rental apartment.

Entrance Fee

University Village residents pay a one-time entrance fee when they move into the community. The price is based on the size and location of the home they select, and most of this fee is repaid to the resident or their estate when they leave. Many residents use the proceeds from the sale of their current home to pay their entrance fee. At University Village, the fees start in the $400,000’s and can be over $1,000,000 for our largest homes.

Monthly Fee

University Village residents pay a monthly fee that covers many day-to-day living expenses that they used to pay for with separate checks. The fee includes meals at restaurants, housekeeping and landscaping maintenance, entertainment and transportation services, as well as access to long-term care at the adjacent care center. In addition to simplifying their finances, University Village residents are no longer responsible for property taxes, HOA charges, real estate insurance or most of their utilities—and can receive significant tax benefits associated with their new move.

For those who take time to do the math, University Village can prove to be a compelling value and the lasting benefit of a retirement well-planned.

Monthly Fee

University Village residents pay a monthly fee that covers many day-to-day living expenses that they used to pay for with separate checks. The fee includes meals at restaurants, housekeeping and landscaping maintenance, entertainment and transportation services, as well as access to long-term care at the adjacent care center. In addition to simplifying their finances, University Village residents are no longer responsible for property taxes, HOA charges, real estate insurance or most of their utilities—and can receive significant tax benefits associated with their new move.

For those who take time to do the math, University Village can prove to be a compelling value and the lasting benefit of a retirement well-planned.

Comparing Your Options

Shopping around? Good idea. An accurate understanding of which services and amenities are included is just as important as loving the floorplans. Many of the perks we take for granted at University Village (pickle ball and tennis, performance hall, aquatic center, multiple dining venues, wood shop, nearby California Lutheran University for cultural events and lectures, etc.) are not standard fare at other locations. Here’s an easy comparison chart to use while you’re learning about your options.

Understanding the Alternatives

Not all Life Plan Communities (CCRCs) provide the same level of long-term care support to residents, and some retirees choose to take on more risk than others. Finding the right fit is important and the State of California has provided help by categorizing communities as type A, B and C. Click below for a better understanding of the differences between categories (hint: you may want the best grade).

Understanding the Alternatives

Not all Life Plan Communities (CCRCs) provide the same level of long-term care support to residents, and some retirees choose to take on more risk than others. Finding the right fit is important and the State of California has provided help by categorizing communities as type A, B and C. Click below for a better understanding of the differences between categories (hint: you may want the best grade).

Customizing Your Costs

As individuals, our life’s experiences aren’t the same and our retirement planning can’t be identical. University Village residents enjoy the flexibility to craft financial approaches that help them balance their current needs with their estate planning goals. Call, email or stop by to learn how you can significantly impact the costs and benefits described above to best fit your family’s needs.

I go to my mailbox and think, Oh! No bills!—and it’s really nice.

I go to my mailbox and think, Oh! No bills!—and it’s really nice.

Want more info?

There is a lot to see and learn—and we’re happy to get you more info right away. Just fill out the brief form and describe in the comment section what you’d like us to send (brochure, dvd, floor plans, comparison chart, etc).

Schedule a Tour

You choose the day and time.
Simply call and say you would like a tour of the community and we will accommodate to your schedule.

tel  1-805-241-3300

 

State of California License #565800978. Certificate of Authority #266.

Contact Us

University Village Thousand Oaks
3415 Campus Drive
Thousand Oaks, CA 91360

tel  1-805-241-3300
info@uvto.com

 

Financial Statements with Supplementary Information

Continuing Life LLC provides support and services to leading senior housing communities under a services and licensing agreement that allows for use of the Continuing Life® mark. The company does not own, nor is it financially responsible for, University Village Thousand Oaks CCRC LLC. University Village Thousand Oaks has been authorized by the California Department of Social Services to accept reservation deposits.