LOL...Mr. Robison continued...“The Inn has a night security person and daily room service. The maid checks to see if you are ok. If not, they’ll call an ambulance… or the undertaker. If you fall and break a hip, Medicare will pay for the hip, and Holiday Inn will upgrade you to a suite for the rest of your life.”
He sounds like a fun guy. He’d fit in well on FR.
Jail’s even cheaper.
Hard to argue with the logic of it.
As long as Holiday Inn doesn’t mind... :^) Although they might have a problem with certain of the “assisted living” needs later on, if it’s required.
Some retirees do this on cruise ships — picking one discounted all-inclusive after another, with hotels in between. kinda smart really.
A friend made the same discovery re senior citizens on a cruise ship a couple of years ago.
Assisted living is extremely expensive. My mom paid nearly $8,000 a month. That said, I doubt the Holiday Inn will provide help with lifting, toileting assistance, bathing, medications and such.
I hope the guy stays healthy or his plan is not going to work.
I heard just last week that one retiree sold his home and now lived entirely on cruise ships, booking them out two years in advance. He gets food, a doctor, etc. all for that super cheap daily rate.
It’s a great idea until the day you need 24 hour nursing care.
In the meantime he will save lots of money to pay for the nursing care.
Even smarter for him to get his plan into the media so the Holiday Inn does not toss him.
Bad news. Holiday Inn can throw him out at any moment with no warning.
In Japan the new trend for single seniors facing a lonely and unaffordable time during those golden years is prison. Women especially the ones without family will commit non violent crimes inorder to be caught and sent to prison.
Since the Holiday Inn doesn't provide any living assistance whatsoever, he may as well rent an apartment. $60 per day is $1,800 per month. That would rent quite a nice Studio apartment just about anywhere in the U.S.
I’m considering a Amtak train with stops in between.
As long as you really don’t require actual nursing care, only a place to live, it would seem to be a good option. But many have health issues. So stay healthy!
This story has the stench of a feed lot.
The numbers don’t seem at all right. Independent living centers don’t cost anywhere near $70,000 per year. My father and mother-in-laws spent about a third of that for the two of them (about the same as the Holiday Inn that was mentioned). This gave them sit down meals, and some transportation, and the all important BINGO.
Join a YMCA park Road master Buick next to it save money.
Wow, thanks for posting. Very few articles get the wheels in my head rolling, but this one did. You get to travel the country (Actually, the world... I have stayed at Holiday inn in Dresden) and make the best of your final years.
The free-market will ALWAYS offer solutions to government-created cost and regulatory barriers.
Wait for legislators to create legislation forcing hotels to prove they are not offering long-term housing for “senior living.”
I remember some guy I knew in the ‘70s who stayed in cheap hotels because the maid cleaned up for him.