What are Your Perspectives on the Future of CCRCs?
Over the past few months, I’ve shared a few insights on what I believe the continuing care retirement community (CCRC, or life plan community) of the future may look like. I have offered thoughts about community design trends, technology advancements, and the industry’s move toward increased environmental sustainability. But now, I’d like to hear from [...]
Can I Use My Long-Term Care Insurance in a CCRC?
This is a question I am often asked, and it seems I’ve been getting the question with more frequency lately. Although I’ve written on this topic a few times before, I want to give a concise overview of what you need to know about using your long-term care insurance policy in a CCRC, including some [...]
A Secure Future: An Actuarial Perspective on CCRC Financial Viability
If you are a regular follower of our blog then you know I am a fan in general of life plan communities, also referred to as CCRCs or “continuing care retirement communities.” Just this week, I spoke with a resident of a CCRC who told me she had lived there for 16 years, and it [...]
The Environmentally Sustainable CCRC of the Future
It seems like every time you turn on the news, there is a report about the climate crisis and startling trends about global warming. With future generations in mind, more and more retirees are making environmentally conscious decisions about their senior living options. In my book, What’s the Deal with Retirement Communities (which makes a [...]
3 Reasons Seniors Delay a CCRC Move & Why They Should Reconsider
According to AARP’s most recent survey of adults age 50 and over, 76 percent of seniors want to remain in their homes for as long as possible. I’ve seen other surveys that put that figure at upwards of 90 percent. Whichever source you consider, the consensus seems to be that a large majority of retirees would prefer [...]
How Technology Is Reducing Long-Distance Caregiver Burden
Over the summer, I wrote about the challenges that can come with long-distance caregiving, defined as living more than an hour from the care recipient. While serving as a caregiver for a loved one under any circumstances can present a number of challenges, long-distance caregiving has its own unique set of difficulties. Long-distance caregivers have [...]