Monarch Landing is carefully planned to be affordable for all middle- income people. You can enjoy hundreds of lifestyle perks at an exceptional value—and you preserve your capital.
100% Refund of Your Capital
The 100% Refundable Entrance Deposit covers the cost of your apartment home, and the cost of community spaces like your two restaurants, creative arts studio, classrooms, the all-season swimming pool, the climate-controlled walkways, and even the lush landscaping. It covers everything that makes Monarch Landing such a pleasant and safe environment.
Your entrance deposit is 100% refundable to you or your estate. So whether you someday decide to move, or you live the rest of your life here, your full deposit will be returned to you or your heirs once your apartment home has been reoccupied. And the best part is—we put our promises in writing. This innovation is outlined in detail in the Residence and Care Agreement.
We offer this 100% refund because we want to preserve and protect your capital. Erickson pioneered this concept over 23 years ago.
Living in Your House Is Not Free: Compare the Cost of Your House to Monarch Landing
When you consider the cost of living at Monarch Landing, keep one important financial fact in mind: This is not like considering the cost of a second home or some luxury item. The price involved in living at Monarch Landing is not a “new” expense, which gets added onto your current expenses.
At Monarch Landing, you write just two checks: one for your monthly service package and one for your telephone bill. True, the cost of the monthly service package is bigger than any single check you write now. But that is because your monthly service package includes all of your current expenses that you write multiple checks for each month now.
See What Expenses Disappear at Monarch Landing