Here are the most common questions we hear.
What is the main objective?
Economic Self-sufficiency for Seniors achieved through Co-housing with Family and Friends and participation in Coop Supply services. For many, it is the only viable way to avoid an unfamiliar and expensive nursing home. We aim to replace the fear of aging alone with the satisfaction of growing older amongst family and friends. Peace of mind for all.
How does this work?
Envision a high-tech cooperative village, where family and friends retire together. If you own a home, you can share it with relatives and close friends. They, in turn, may be able to do the same and make for seasonal living in different places. If you have been renting, you may be surprised to learn that your FAFROOSSA can buy a home among our inventory or choose one of the specially designed models that are constructed to lower costs. It all depends on how many members you bring in. The structures come with roof solar cells, heat evaporation walls, rainwater catchment, "granny farming," and more. All these innovations provide a small profit back to its group. Smart high tech is used to monitor the health of residents and when possible, bring in telemedicine. Everything from autonomous vehicle transportation to skilled nursing exists, as well as shared coop buying services. There is a spiritual component, too, which, if desired, is mediated through intelligent Avatars that interact both with seniors and their remote children. Best of all, grandkids are welcome!
Does this form of an association have a name?
Yes, it is called by its acronym FAFROOSSA which stands for Family And Friends Retiring Only On Social Security Anywhere.
People are living longer with less offspring and the institutions for aging no longer suffice. Traditional cultural ways of retiring will not work as they once did. Furthermore, many seniors have not been able to save enough required to carry them through retirement. Currently, the average monthly Social Security benefit for retired workers is only around $1,360. That's less than $16,320 per year when reduced by an automatic Medicare deduction, which isn't enough to cover the average spending of adults who are retirement age. Why despair when aging folk can band together with Family and Friends, pooling their Social Security checks or pensions to meet their evolving needs?
What if I want to stay put in my present home?
You can; just join the FAFROOSSA online, in a virtual way. This will allow you to stay in touch with your closest Family and Friends. Even as a virtual member, you can share in the Coop Services. However, at some point, you may opt for closer proximity and assistance of family members and friends, not the strangers you would encounter in a nursing or assisted living home. Plus, it will cost you much less.
What if my spouse disagrees with me?
It’s not uncommon for husbands and wives to see retirement needs differently. In America, men are expected to be self-reliant, individuals. Women are more social, collaborative. Historical heritage makes these harder too, because men often die before women, and rarely face retirement alone. Moreover, traditional multigenerational cohousing falters when Grandma moves in with the family at a very old age; it’s hard for a 70-year-old to take care of a 90+-year-old parent. Conditions like stroke, senile dementia or Alzheimer’s require full-time care.
What’s the best time to form a FAFROOSSA and what happens if I don’t?
Most seniors will prefer to remain in their homes for as long as possible. That may work well in their 60s and even 70s, even if one spouse dies and the other continues alone. They will seek purpose in volunteering. In their 80s seniors while professing to live happily alone, require increased vigilance from family caregivers. Seniors are usually not satisfied with outside support and will go through caregivers like water. The problem is compounded by aging orphans, women without children, now approaching 19% of the population. By their 90s seniors must seek support through Assisted Living or Nursing Home care. So when’s the best time to form a FAFROOSSA? Do it now while you can still plan, still build familial bonds, and gain peace of mind that you won’t become a burden or worse, a senior orphan.
Won’t the government pay for my health care needs?
According to the U.S. Department of Health and Human Services, about 70% of people turning 65 this year will require long-term care in the future. Can you beat those odds? Health insurance will pay some health care services costs, but only under specific circumstances, and only for a limited time. For example, Medicare will pay for skilled services or rehabilitative care in a nursing home for a maximum of 100 days. At this point, more than 2/3 of seniors look to Medicaid to defray the cost, but that will not work for the 78 million baby boom generation and beyond arriving at once. Long-term services like Nursing Homes account for 42% of Medicaid spending even while only 6% of the senior population use them. Currently, the average monthly Social Security benefit for retired workers is only around $1,360 but even that is reduced by a monthly $160 Medicare deduction per individual which by the way will not cover supplemental health needs.
How much does a FAFROOSSA cost?
Our software is free, but you will have to invest time to learn to use it. If you choose a home, you and your family and friends will pay for your Co-Housing facilities through mortgages, financed through a portion of each members' Social Security Check. The cost depends on you and your FAFROOSSA. You can remodel an existing home to meet senior needs or design independent homes around a central compound.
How difficult will all this be?
That's the easy part. We provide you with all the tools you will need for free. You use these to organize your FAFROOSSA, get the commitment, do Virtual Reality tours, meet guides, make a trip, upgrade a home or design a village. And finally, we plug you into a coop of shared services. Engage your tribe while there is time to enjoy the journey. You will have fun, save a lot and exchange uncertainty for a vision of what your sustainable retirement will be among loved ones.
Am I too old?
If you can still play games and engage with family and friends, then you are not too old. FAFROOSSAs are family communities in support of one another. It is where you belong
Is there a minimum size for Groups?
A FAFROOSSA can be of any size, but we recommend no less than 4 members. We assist small groups in finding and occupying homes, some in the tropics. It's up to you to create the group. In so doing, this becomes Your "OpusDei."
Who owns the FAFROOSSA?
All are independent, contract-based organizations. We provide the tools and guidance for their creation and cooperative services for ongoing success.
Who runs the FAFROOSSA?
Generally, it is a labor of love that falls to a senior caregiver in the group. Children and younger relatives contribute support by participating in the selection of Coop Shared Services. You will not be managed by anyone beyond the circle of love and acceptance that comes naturally from your family and friends. More importantly, you will not be alone.
What if I don't like my family or want to get out?
You buy into a family FAFROOSSA through shares, which can be traded. You can exit, create your own or join more than one FAFROOSSA. Rest assured that these will be appreciating assets as the world population grows, but land does not.
Can I share this information with others?
Of course! Each time you do, you help retiring citizens thrive.
Why is it called MyOpusDei?
Successful FAFROOSSAs are like Families. They depend on your passion and commitment. You must see this effort as MyOpusDei for your family. Seniors need religion, but not in the institutional sense. Think of religion as the path each finds to their spiritual needs, a moral compass to their interaction with others.