A big part of the decision to move to a continuing care retirement community (CCRC or life plan community) has to do with security. Residents are making a large investment, and in exchange, they are given access to a continuum of care services should they need them in the future. As a result, CCRC prospects [...]
Recently, I’ve shared some thoughts on what I believe the continuing care retirement community (CCRC, or life plan community) of the future may look like. While I lack the benefit of a crystal ball, I have offered my insights about community design trends, technology advancements, and the industry’s move toward increased environmental sustainability. Of course, these things only [...]
Choosing to move to a continuing care retirement community (CCRC or “life plan community”) is no doubt a big decision, involving aspects related to housing, lifestyle, healthcare, and certainly finances. For most potential residents of a CCRC, it’s nearly impossible to make a final decision without having a certain level of financial confidence about the [...]
If you’ve had a chance to look over the results of our recent consumer survey of over 420 prospective residents of continuing care retirement communities (CCRCs or “life plan communities”), then you know that one of the biggest, if not the biggest, reason for delaying a decision to move is uncertainty or concern regarding the [...]
Making a decision about senior living is among the biggest choices you will make in your life…It’s way up there on the list anyway! Perhaps you have already decided that you want the long-term security of a continuing care retirement community (CCRC, also called a life plan community), but there are so many things to [...]
My experience in talking with prospective residents is that, from a financial perspective, the question is often not so much “can I afford a CCRC” as much as it is “to what extent can I afford it?”
