Your retirement years are supposed to be filled with rest, relaxation, and fun times. You’ve worked hard all your life, and now it’s time to reap the rewards! For many retirees, part of that process is letting someone else handle the necessities when it comes to living arrangements.
While CCRCs (Continuing Care Retirement Communities also known as LifePlan communities) may seem expensive they also give you an opportunity to pre-pay for some life care you may need later in life.
The typical levels of care at a CCRC (Continuing Care Retirement Community also known as a LifePlan community) are independent, assisted, and nursing. However some CCRCs have an intermediate level where some assisted care takes place in your independent living home. If the CCRC feels there is an advantage to allowing you to stay in independent
The sad truth is that a lot of us become less able to be independent as we age. It's a hard fact to face, but it's something you may need to consider thoughtfully if you have an elderly loved one who is still living on their own. The elderly living alone can put them at risk for some serious physical and emotional dangers.
"CCRC at home" is one option you may consider if you are not ready to leave your home or if your CCRC (Continuing Care Retirement Community also known as a LifePlan community) has a long waiting list. With "CCRC at home" you get some of the features of living at the CCRC on campus without living there. You also probably have access to the comm
Popular CCRCs (Continuing Care Retirement Communities also known as LifePlan communities) may have a waiting list and the size the the list may be significant. We know of several CCRCs with multi year waiting lists and know of one with a ten year waiting list due to extreme demand. Smart CCRCs will turn long waiting lists into good reasons to
If you live at a Type A facility you will pay the same rate no matter if you live in independent, assisted, or nursing care. But like every CCRC (Continuing Care Retirement Community also known as a LifePlan community) the bigger the independent living home you pick the higher the entrance and monthly fee will be. Thus if you think about it, y
If you don't pass the medical review for a particular CCRC (Continuing Care Retirement Community also known as a LifePlan community) do not give up. The medical requirements for CCRCs can and do differ and not passing one review does not mean you will not pass another. Type A facilities, or those that do not increase your monthly fee if you mo