Subject Line: Notice of Rate Increase for [Retirement Home Name] [Retirement Home Name] [Address] [City, State, Zip] [Date] Dear [Resident's Name], We hope this letter finds you in good health and spirits. We appreciate your continued trust and choice in making [Retirement Home Name] your home. With utmost care and respect for our residents, we strive to provide exceptional services and amenities while maintaining a comfortable and enriching environment. As you may be aware, the cost of providing high-quality care and personalized services has increased over the years. In order to sustain the level of excellence you have come to expect, it has become necessary to adjust our rates accordingly. After careful consideration and consultation with industry experts, we have decided to implement a rate adjustment, effective from [Date]. The purpose of this letter is to inform you about the upcoming rate increase and to outline the details for your reference and understanding. We understand the importance of transparency and want to ensure that you are well-informed about the changes. The new rate adjustment accounts for several factors, including the rise in operating costs, inflation, increasing wages for our dedicated staff members, and ongoing enhancements to our facilities and services. We believe that this investment is crucial to maintaining the quality of life and personalized care that we are committed to providing. Starting from [Date], your monthly rate will be adjusted to [New Rate]. This increase represents a [Percentage] increase from your current rate. Please review the enclosed schedule outlining your new rate in detail. Rest assured, our dedication to your well-being remains unchanged. We are continuously seeking ways to enhance your experience at [Retirement Home Name]. We understand that budgeting for this change may require adjustments, and we are here to assist you every step of the way. Our management team is always available to discuss any concerns or answer any questions you may have. We kindly request that you review and acknowledge the rate adjustment by signing and returning the enclosed form within [Time Frame]. Additionally, please feel free to contact our friendly staff at [Phone Number] or email us at [Email Address] if you require further clarification or assistance with financial planning. We appreciate your understanding and support during this transition. Your trust in us plays an integral role in our commitment to providing exceptional care in a warm and welcoming environment. Thank you once again for being a part of the vibrant community at [Retirement Home Name]. Warm regards, [Your Name] [Your Position] [Retirement Home Name]