There are currently over 40 million senior citizens in the US age 65 and older. This number is expected to grow to almost 100 million seniors in the next few decades. As these Americans look forward to their well-deserved retirement, some will be considering whether a continuing care retirement community (CCRC) is their next stage of life.
CCRCs (Continuing Care Retirement Communities also known as LifePlan communities) know that empty rooms or empty beds generate no revenue. This is why some CCRCs will rent out empty assisted living or nursing care spots to non-community members. Sometimes the rooms are rented out for rehabilitation stays and sometimes for more permanent stays.
CCRCs (Continuing Care Retirement Communities also known as LifePlan communities) often have a security desk manned 24 hours a day. Take some time to find out where it is and what powers the desk security worker has. Also keep a copy of the desk's phone number in your pocket. If you find yourself locked out of your unit or in need of some lat
Ask your CCRC (Continuing Care Retirement Community also known as a LifePlan community) if there are any in-residence safety devices that are installed campus wide. In unit fire alarm pulls are one example. Also common are wearable distress devices such that if you fall and need assistance you can simply press a button and your home phone will
Check your contract to see when at death refundable entrance fees are indeed refunded. Often times the contract will say the refund happens once your prior unit is under agreement with a new set of residents. This allows the CCRC (Continuing Care Retirement Community also known as a LifePlan community) to take the entrance fee from the new res
In 2017, 15.6% of America's population was 65 or older; this number is continually rising and is projected to reach 22.1% in 2050. You, your parents, or another loved one may be joining the senior population in the near future.
Downsizing can be difficult; see our prior blog post on this topic, but when you move to a CCRC (Continuing Care Retirement Community also known as a LifePlan community) it can be essential. Remember that digital photographs take up no space in your drawer. If you have some prized items that take up a lot of physical room, consider if keeping
When it comes time to move to your CCRC (Continuing Care Retirement Community also known as a LifePlan community) you will need to take the opportunity to downsize at least a little bit. The idea of having a garage sale may come to mind. Our advice is to skip the garage sale. You have more important things to worry about regarding your new ho