Retiring to Holiday Inn
A viral retirement plan has one man choosing to spend his golden years at a Holiday Inn instead of a senior home. Terry Robison’s cost-saving solution has sparked an online conversation about the high expenses of nursing homes and the potential benefits of a more affordable alternative. Robison compares the average daily cost of living in a nursing home, $188, to the discounted cost of a long-term stay at a Holiday Inn, which would be just $59.23 per day. The savings could then be allocated to meals, room service, gratuities, and more. (1)
In addition to the financial advantages, Robison also highlights the various amenities offered by the hotel, such as a spa, swimming pool, workout room, and laundry services. He emphasizes the freedom of being treated as a customer rather than a patient, with the added benefit of being able to move from one Inn to another and even explore different cities. (1)
Freedom
Robison envisions the freedom of living at a Holiday Inn, where he can utilize city and airport bus services and even book flights for a change of scenery. His forward-thinking perspective encourages retirees to consider unconventional yet cost-effective options for their living arrangements. (1)
Holiday Inn responded to Robison’s plan, expressing excitement at the prospect of welcoming him in the future. They also highlighted the additional benefit that kids eat for free at Holiday Inn, providing another incentive for family visits. (1)
Not For Everyone
While Robison’s idea has sparked interest, some critics argue that it may not be practical for all seniors, particularly those with physical limitations requiring specialized assistance. Robison clarified that his intention was to present a budget-friendly alternative for independent seniors who can care for themselves, based on his observations of costs in his local area. (2)
Regardless of one’s stance on Robison’s plan, it raises important points about the financial challenges associated with traditional nursing homes and senior living centers. As individuals consider their retirement options, cost-effective alternatives like Robison’s might become a viable consideration for some. (1, 2)
