"A retirement home – sometimes called an old people´s home or old age home, although old people´s home can also refer to a nursing home – ...
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is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional facilities are provided within the building. This can include facilities for meals, gatherings, recreation activities, and some form of health or hospice care. 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." - (en.wikipedia.org 24.08.2020)