A man has devised a unique plan for his retirement. A man from a town called Spring, Texas named Terry Robison has decided to retire at Holiday Inn in order to avoid the high costs of nursing homes in the United States.
The variables in his calculations take into account his senior discount and long-stay discounts, and he calculates that he would pay for a Holiday Inn room at $59.23 USD a night. When one factors that the average cost of assisted living in a senior care facility is $้188 USD a night, then he might not seem that crazy after all. Plus, as Terry Robison put it, “They treat you like a customer, not a patient.”
Terry also takes into account that the Holiday Inn offers free breakfast and toiletries, as well as amenities like gyms, swimming pools, 24-hour security, and even free airport shuttles in some locations. In addition, Robison points out that sometimes you wait for months to be allowed into a nursing home, but you can retire at Holiday Inn today.
With the rest of the money he saves on nightly accommodations, he can afford to pay for discounted afternoon lunches, laundry, a nice dinner, a tv movie, and gratuity for the hotel staff to lend an extra helping hand. Terry also believes that his children and grandchildren would visit him more often because they can take advantage of the Holiday Inn’s pools—and because kids eat for free at the Holiday Inn.
Robison even plans on using some of his spare funds to travel the world when you retire at Holiday Inn. In his words, “Want to see Hawaii? They have a Holiday Inn there too.” With over 1,100 locations across the world, then he certainly could see quite a bit of it.
With roughly 10,000 Baby Boomers retiring every day, competition to find assisted living has become fierce. Many retirees are seeking unconventional approaches to retirement. This competition has driven up the prices for affordable assisted living to a median price of over $100,000 a year.
His plans have gone viral, however, not everyone feels that his logic is so coherent. Holiday Inn officials have commented that there is no way to guarantee the cost of $59 USD a night because prices fluctuate from region to hotel chain to time of day and even occupancy.
This is not the first time that people have come up with creative approaches to care. For example, a woman named Joy Bricker checked out in 2011 after a ten-year stay at the Marriott. However, at her age, she eventually required more care and she left to move in with her daughter.
Another example is the recent phenomenon of people retiring on a cruise. However, these people often get more than they bargained for, and the lifestyle on a cruise is not always what it’s cracked up to be. To learn more about retiring on a cruise, click here.
Many Baby Boomers are seeking to retire in other countries as expats to avoid high nursing home costs in the United States. Many have decided to move to seek assisted living in Mexico, Costa Rica, Jamaica, Panama, or Thailand. With great hospitals in many of these countries, expats find a new life in another country with a higher quality of living than at the Holiday Inn. Though you can’t fault Terry Robison for coming up with a unique approach to retire at Holiday Inn, if you ask WeExpats, we’ll stick with the expat life.
*To learn more about assisted living in Mexico, click here.
*To learn more about the expat life in Mexico, click here.
*To learn more about the expat life in Thailand, click here.
*To learn more about the expat life in Costa Rica, click here.
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