Cost of Retirement Living Calculator

Imagine not having to worry about household chores, cooking, cleaning and paying bills. Spend your time enjoying the freedom to come and go as you please, engaging in new activities, and visiting with family and friends. Our quick and easy cost of living tool can show you how much it would cost to live in a Revera retirement residence compared to how you live today.

Step 1 - Select Region

Step 2 - Living Expenses

Step 3 - Cost Results

1. Select your region:

BC	Ontario - GTA
Alberta	Ottawa
Manitoba	Quebec
Saskatchewan	USA - Oregon
Ontario - SW

NEXT STEP

Step 1 - Select Region

Step 2 - Living Expenses

Step 3 - Cost Results

2. Enter your current monthly costs for the following living expenses:

Expense Item	Your Current Monthly Expenses
Rent or Mortgage	$
Property Tax	$
Home / Car Insurance	$
Home Maintenance (i.e. repairs, housekeeping)	$
Heat	$
Water	$
Electricity	$
Groceries/dining	$
Entertainment (i.e. movies, concerts, classes)	$
Transportation	$
Other	$
TOTAL:	$0

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Step 1 - Select Region

Step 2 - Living Expenses

Step 3 - Cost Results

3. Your cost of living monthly results:

Expense Item	Your Current Monthly Expenses	Revera Monthly Expenses Studio	Revera Monthly Expenses 1-Bedroom	Revera Monthly Expenses 2-Bedroom
Rent or Mortgage		Included	Included	Included
Property Tax
Home / Car Insurance
Home Maintenance (i.e. repairs, housekeeping)
Heat
Water
Electricity
Groceries/dining
Entertainment (i.e. movies, concerts, classes)
Transportation
Other
TOTAL:	$	¹	¹	¹
¹ The prices listed above are the lowest monthly rate for this type of suite, which is subject to availability. Available suites may cost more per month. Prices are as at April 10, 2012 and are subject to change without notice.

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Do you own your home?

Click here to calculate the monthly income you could earn from the sale of your home

Income From Your Home When you sell your house, the money you get can be invested and can give you additional earnings to supplement your cost of living. For example, a home that sold for $160,000, with nothing owing and 10% closing costs ($16,000), would leave you with $144,000. Invest that $144,000, and on a return of 4% you would earn $5,760 – that’s $480 per month to put towards your new accommodation, in addition to any other income. See how much income you might have coming:

Proceeds from Sale of Home Enter the dollar amount you expect to net from the sale of your home, after paying any outstanding mortgage, commissions, and other fees related to the sale.	$
Monthly Income From Home Equity Here is the amount you could expect to earn based on investing the proceeds from your house sale and getting an annual 4% return*.	$0
* Investment income is taxed so you will have to take your tax rate into consideration

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