Tuesday, February 26, 2019
Terry Robinson has done the math and figured out a unique retirement strategy: staying at the hotel chain Holiday Inn will be cheaper than a nursing home. With the benefits of complimentary toiletries, a swimming pool, workout room, free breakfast and happy hour, topped off with the long-term stay and senior discounts, Robinson said that he will be saving $128 per day compared to the average nursing home.
The chain has more than 1,100 locations, so he would still have the opportunity to travel if he so desired. While the waiting list for a nursing home could be months long, a reservation could be made today for a Holiday Inn.
Robinson said with a $5 tip per day the employees will be treating him like a customer rather than a patient. And, the staff will "call an ambulance . . . Or the undertaker" if anything goes wrong. There also will not be an issue with family visiting and even staying for a couple days. "The grandkids can use the pool."
See Kristin Lam, This Man Won't go into a Nursing Home. He'll Spend His 'Golden Age' at the Holiday Inn, USA Today, February 26, 2019.
Special thanks to Naomi Cahn (Harold H. Greene Professor of Law, George Washington University School of Law) for bringing this article to my attention.