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Retirement is a life stage when individuals cease formal employment, typically occurring in later years, and transition into a phase of life characterized by reduced or no work-related responsibilities. During retirement, people often rely on pension savings, Social Security benefits, and personal investments to support their financial needs while enjoying increased leisure time and pursuing personal interests.

What is the right age for senior living?

While senior living generally starts around age 55 or 62, the right age for senior living depends on each senior's unique circumstances

5 Inexpensive places for seniors to retire near the beach In 2023

If there's one great combination for retirement, it's being on the beach and saving money. Check out the best destinations for both here

The best places in Maryland for seniors to retire

For seniors looking to retire to the Atlantic coast, Maryland offers a wide range of historic and comfortable places to call home.

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No late payors

Say goodbye to late payments with guaranteed on-time payments at the beginning of the month.

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Helping communities save hours of admin work by handling billing and payments on community's behalf

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Increase your occupancy by letting residents start paying before their benefits kick in.

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Sunbound's secure online payment portal is intuitive and easy for seniors and their families to use.