Belleville Retirement Homes

Management

Caretenders Retirement Living

The goal at Caretenders Retirement Living is to offer residents of our retirement facilities a unique living experience. We have chosen to break away from the “mass-produced” appearance favoured by the large retirement home companies.

Caretenders has been developing and operating retirement communities since its founding in 1988. We have successfully established thirteen retirement communities in the provinces of British Columbia and Ontario, as well as in the state of Arizona. In addition to Queens Avenue, we currently operate residences in Belleville, Ontario, and Kelowna, BC. We celebrated the opening of a new facility in Armstrong, BC, in 2011.

The architecture of our buildings is designed to suit the local environment and respect the style of the surrounding community. Every touch, from the landscaping to the staff, services and meal menus, are meticulously planned to be in tune with the general feel of the surrounding community. Residents of Caretenders' communities say they feel as if they never left their own home.

Caretenders is dedicated to bringing its philosophy to every new project. Future projects will target smaller communities to provide facilities accessible to retirees. We want retirees to have the opportunity to live in or close to their home community as their care needs evolve. The transition to a retirement home is much smoother if family and friends are nearby and seniors can maintain connections with their community groups.

Caretenders' intention to keep seniors close to home is our way of caring for communities, both within our buildings and across the country.

Job to support these expenses anymore

After looking at the Service Canada website, I can see how much money I can expect to receive. Canadians can get $563.74 monthly for the old age pension. For the GIS (guaranteed income supplement) it depends on your marital status. Because I plan to be married to someone who also has a pension I would receive $506.86. I know you cannot depend on other people, even family, to support you financially, which is why I plan to prepare myself for whatever situation I will be in at that age. 

People have a lot of expenses, and once they don’t have a job to support these expenses anymore, it can be kind of a wake up call. This is why I plan to have enough saved so that I can continue to live my life the same way I was before I retire. I plan to have my mortgage paid off by that time, but everyone knows that doesn’t always work out. But hopefully, my expenses will only include food, vehicle expenses (payments, insurance, gas, repairs) clothing, and entertainment. If anything, I would spend more money once I retired because I would have so much free time to do activities. I would want to travel and learn new skills and do the things I never had time to do. Without making a detailed budget for myself so far in the future, I am going to estimate my income and expenses. Based on the fact that I will be receiving around $1000 a month from the government I would like to have enough saved so I can double that myself. Of course if I have a husband I will be better off financially but wither way I would like to have at least $2000 a month and I will hopefully not have a mortgage to pay. I will need to bring in 12,000 a year for lets say 30 years if I will be retiring at around 55 and living to 85. 35 x 12 = 360 so I will need $360, 000! Well that is a wake up call. So if I give myself from the age of 20 to 55 to save, I will have 35 years to save $360, 000. That will be close to $10, 000 I will need to be saving a year. Of course my plan is that I can live very comfortably with a spouse to share expenses with but any budget can be cut back if necessary. The key decision to making sure I can retire before 65 is 1, I’ve already done this- choose a career path that pays well and allows retirement early. And 2- start saving as soon as possible and stay on top of it! Being committed to that retirement goal is important. The biggest mistake people make is just doing the opposite and not planning. It sounds obvious, but choosing a job that pays well is going to make you happier in the end. But it’s not just getting the good job, it’s having the strength to put that money away for ‘a rainy day’ and being wise enough to know that you are doing the right thing. If you have no plan, you have no future. It sounds harsh but life is harsh and if you’re not prepared, you’re in for a rude awakening.