Free Retirement Home Revenue Calculator

1. What type of retirement home do you operate?

Luxury Assisted Living Standard Assisted Living Independent Living Memory Care

Your service level impacts fees, resident experience, and operational costs.

2. What is the maximum number of residents your facility can accommodate? This represents your total bed capacity available for residents.

3. On average, what percentage of your capacity is occupied?

80

A higher occupancy means more residents paying monthly fees.

4. How many days per year is your facility fully operational? Typically, retirement homes operate every day, but consider any planned closures.

5. What is the average monthly fee (in USD) per resident? This fee usually covers room, board, and basic care services.

6. Do you offer additional care services (e.g., specialized medical, therapy sessions)?

No Yes

Extra services can generate additional revenue through premium fees.

7. How much do you invest in marketing each month (in USD)?

1500

Marketing can attract new residents and enhance your facility’s reputation.

8. How heavily do you plan on investing in digital outreach?

Light Moderate Heavy

Digital outreach via social media and online platforms can improve occupancy.

9. Do you frequently offer special programs or events for residents?

Rarely Often

Special events can boost resident satisfaction and justify premium pricing.

10. How many staff members do you employ (including care and support staff)? An optimal staff-to-resident ratio is crucial for high quality care.

11. Are you already using resident management software?

No Yes

Software can streamline operations and improve occupancy management.

12. Have you checked out our financial forecast for retirement homes yet?

No Yes

This forecast provides a detailed 3-year financial analysis tailored for retirement homes.

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