Ownership at the Watermere Upscale Retirement Community

Want to retire in a carefree fashion and still own your own home or condo?

If you retire anytime after age 55, check out the upscale Watermere retirement community in Southlake, Texas.

This luxury, gated retirement community seems to have more in common with an ocean cruise than the typical retirement community: spas, pools, restaurants, golf courses, but best of all, you aren’t renting space, you actually own the house you live in. Another perk is that you don’t have to maintain the property and many of the utilities are included in a monthly service fee.

For those with declining health, there are also assisted living facilities on the premises.

In one way it’s a great idea, but in another, it reinforces the notion that elderly folks should be pushed to the fringes of society. 

What are your thoughts?