Smart Financial Moves for Priceless Peace of Mind

At The Buckingham, we know there are many important factors that go into planning for your retirement. Located adjacent to the Memorial area of Houston, Texas, The Buckingham encourages residents to stay active and social each day. Our goal is to support our community in living with confidence. Here at The Buckingham, our services and amenities free you from the hassles of homeownership and maintenance, allowing you to focus on the things you love and enjoy.

One of the life-changing benefits of The Buckingham is that we are a not-for-profit Life Plan community, meaning that we are constantly reinvesting our financial resources back into The Buckingham to increase the breadth and quality of our amenities and care. We offer a variety of independent living and healthcare options to meet residents’ changing needs. Now for a limited time, The Buckingham is offering a variety of contract options from which to choose.

Life Care plan for independent living

With the popular Life Care plan (Type A contract), residents have priority access to a lifetime of residency, care and financial security. Should you need additional care, you will have predictable monthly rates that guard against the escalating cost of higher levels of care.

Residents can also enjoy an annual tax benefit as a prepayment of medical costs. Residents may also use their long-term care insurance policies to offset costs once they move into assisted living, memory care or skilled nursing.

FEE-FOR-SERVICE PLAN FOR INDEPENDENT LIVING

Fee-for-Service (Type C contracts) offer residents priority access to higher levels of care but only pay for higher levels of care when and if it is needed. The Fee-for-Service contract has lower entrance fees and lower monthly fees for independent living. Residents using the Type C contract may utilize their long-term care insurance policies to offset market-rate costs for assisted living, memory support or skilled nursing services. At The Buckingham, both Life Care and Fee-for-Service entrance fees are secured in an escrow account so you have peace of mind knowing your investment is safe and available to you and your estate in the future.

LEASING PLAN FOR INDEPENDENT LIVING

The Leasing Plan at The Buckingham allows residents to maintain their personal investments without the requirement of an entrance fee. Leasing contract plans provide the same high quality, luxurious services, amenities and apartment options within the independent living residences but at a higher monthly cost. Residents utilizing this plan have priority access to assisted living, memory support and skilled nursing and may utilize their long-term care insurance policies to offset market-rate costs in these care neighborhoods.

SERVICES INCLUDED IN THE MONTHLY FEE AT THE BUCKINGHAM:

Expenses and Utilities

Real estate taxes
Meals (Daily meal plans vary depending on the care level)
Electric and gas
Water and sewage
Internet and cable TV
Garage space at no additional charge

Services

Weekly housekeeping service
Interior and exterior maintenance
Landscaping and lawn care
24-hour emergency response system
Security and gated community
Business services
Concierge and valet services
Transportation for scheduled shopping and medical appointments

Amenities

Health & fitness club membership
Continuing education and programming
Computer and business center
Multiple on-site dining venues, including formal and casual restaurants, bistro and bar
Performing arts theater and movies
Year-round outdoor heated pool
Exquisite library with both magazine and newspaper subscriptions
Art studio
Billiards and game room
Woodworking shop

ENTRANCE FEES FOR LIFE CARE AND FEE-FOR-SERVICE CONTRACTS

While your ongoing monthly fee will depend on your contract and apartment size, for our Life Care contract option, the one-time entrance fee for our Houston independent living apartments starts at $171,400. Entrance fees for our Fee-for-Service contract start at $120,400.

Monthly fees for the Life Care contract start at $3,915 per month, and $2,965 per month for a Fee-for-Service contract depending on the apartment and refundable option chosen. For couples, there is a second-person monthly service fee of $1,560 per month for Life Care contracts and $1,095 for Fee-for-Service contracts.

There are no additional entrance fees for a second person for either contract option.

Leasing contracts include a monthly fee only and begin at $5,041, depending on the luxury apartment chosen.

ASSISTED LIVING AND MEMORY CARE

The Buckingham offers direct admission to our assisted living and memory care neighborhoods. With a starting price of $7,850 per month for an apartment in assisted living and $9,225 per month for an apartment in memory care, residents and their families have the comfort in knowing that these costs are all-inclusive. Long-term care insurance plans can be used to cover or offset these costs depending on each individual’s insurance plan. There is no entrance fee for residents who choose an assisted living or memory care residence.

SKILLED NURSING AND REHABILITATION

For those who need skilled nursing or rehabilitation, The Buckingham provides all-private residences. Call (713) 979-3777 for rates and availability. Long-term care insurance plans can be used to cover or offset costs depending on each individual’s insurance plan. There is no entrance fee for residents who are in need of skilled nursing or senior rehabilitation services.

RESPITE CARE

For those who need a short-term option for the responsibility of caring for a friend or family member, respite care at The Buckingham is available. Private rooms, meals and access to all that The Buckingham offers are included in the $277 per day rate for assisted living and memory support. Call us at (713) 979-3777 for daily rates and availability for skilled nursing respite care.

If you have questions or want to speak with a sales counselor about The Buckingham’s pricing structure, please call us.

Concierge: (713) 979-3090
Sales & Marketing: (713) 730-2633
Health Services: (713) 979-3777
Careers: (713) 979-3071