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Senior Living - info and advice for older adults. Nursing Home residents include the elderly and younger adults with physical or mental disabilities. A nursing home may be a good choice if you need a higher level of care temporarily after a hospitalization, but itís anticipated you will be able to return to home or another facility after a period of time. Each state licensing agency has its own definition of the term it uses to describe assisted living. 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. You have a close network of nearby family, friends, and neighbors. Other licensure terms used for this philosophy of care include Residential Care Home, Assisted Care Living Facilities, and Personal Care Homes. Retirement homes are also called retirement residences.
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