A Closer Look at CCRC Entry Fees

You’ve made the decision that you want to move to a continuing care retirement community (CCRC, also called a life plan community). You’ve crunched the numbers and can afford the monthly service fee, which, according to 2019 NIC guide (sixth edition), averages $3,353 (though of course some are much higher and others much lower, depending [...]

By |2023-08-03T09:23:25-04:00December 21st, 2021|

Are CCRC Refundable Entry Fee Contracts a Good Deal?

According to data collected at myLifeSite, about three quarters of all continuing care retirement communities (CCRCs, or “life plan communities”) require an entry fee, and about 80 percent of these offer a refundable entry fee, with 50 percent and 90 percent refunds being the most popular. It isn’t uncommon for one community to offer a [...]

By |2023-08-05T16:24:10-04:00April 17th, 2017|
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