Here are a few important questions to consider when determining if a CCRC or Life Plan Community is right for you:

  • Do you like to plan ahead; to control, reduce or eliminate the uncertainty about future housing and healthcare costs?
  • If you should ever require assisted living or nursing care, do you want assurance that such services may be accessed within the same community in which you live?
  • Do you lack family nearby that might provide a support system in the event that you require care in the future?
  • Do you seek to lessen the burden on your adult children if you should ever require assisted living or nursing care services?
  • Are you in a position financially to possibly pay an entry fee and monthly service fees? (Some CCRCs provide subsidized housing options via HUD financing alternatives.)
  • Do you seek to avoid social isolation in your later years of retirement?

If you answered yes to most of these questions then a continuing care retirement community may be an appropriate choice for you.