When exploring senior living communities, cost and value are always a consideration. One of the most important factors is how future care will be paid for. There are a variety of senior living contract types, each structured to balance lifestyle, healthcare access and financial strategy in different ways.
For many discerning older adults, a Type B contract offers a thoughtful middle ground — delivering the security of future care without requiring you to overcommit financially upfront.
A smarter way to plan for the future
At its core, a Type B contract covers a resident’s independent living needs, including a home, meal plan, as well as access to all community amenities, services, activities, social events and wellness activities. Inherent in the value is this: The Type B contract also provides access to higher levels of care — such as assisted living and memory care — at a discount of up to 20% off market rates.
This modified Life Care approach ensures you’re not left navigating rising healthcare costs on your own. You’ll have a clear plan in place, with priority access to care – most of which is provided within the community you already call home.
The benefit? You’re not prepaying for unlimited care you may never use.
Pay for what you need — and protect what you’ve built
One of the most appealing aspects of a Type B contract is its financial efficiency.
Compared to other senior living contracts, Type B typically features a lower entrance fee and more moderate monthly fees. Rather than allocating a significant portion of your assets toward prepaid healthcare, you maintain greater financial flexibility — while still securing meaningful protection.
This structure allows you to:
- Preserve more of your estate
- Maintain liquidity for other investments or legacy goals
- Avoid overpaying for services you may never utilize
In short, it’s a way to approach senior living costs with intention — aligning your financial decisions with your lifestyle and long-term priorities.
The ideal balance: protection and flexibility
For many, the decision between contract types comes down to philosophy.
Some prefer the predictability of paying upfront for comprehensive coverage. Others seek a more balanced approach — one that provides security without sacrificing flexibility.
A Type B contract delivers exactly that.
You’ll enjoy the confidence of knowing care is available and more affordable if needed, while continuing to invest in the life you’re living today. It’s a model that reflects Livelle’s modern perspective on retirement — one that values an exceptional independent lifestyle plus smart preparedness.
A refined approach to senior living
Choosing among senior living contracts isn’t simply a financial decision — it’s a personal one. It’s about how you want to live now, and how you want to prepare for what’s ahead.
A Type B contract offers a compelling path forward:
- Robust independent living
- Access to care
- A modest entrance fee
- Lifelong confidence
If you’re evaluating your options, understanding how contract types influence senior living costs — including entrance fees, monthly fees and future care pricing — is an essential step.
Do you have questions about our contracts and costs? Schedule a visit or attend one of our upcoming events.
