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Retirement homes are privately owned rental accommodations for seniors who are able to manage and pay for their own care. Assisted living comes by many names, such as residential care, board and care, or group homes. Retirement homes are privately owned rental accommodations for seniors who are able to manage and pay for their own care. Assisted Living communities are regulated and licensed at the US state level. A place in a retirement home can be paid for on a rental basis, like an apartment, or can be bought in perpetuity on the same basis as a condominium. Assisted living residences or assisted living facilities provide supervision or assistance with activities of daily living. Generally, retirement homes are designed for seniors who need minimal to moderate support with their daily living activities. Assisted living emerged in the 1990s as an eldercare alternative on the continuum of care for seniors for whom Independent living is no longer appropriate but who do not need the 24-hour medical care provided by a nursing home. A nursing home may be a good choice if both medical and personal care needs have become too great to handle at home. More than two-thirds of the states use the licensure term assisted living.
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