Skip to main content



What You Need to Know About Continuing Care Retirement Communities

Life plan communities, often referred to as continuing care retirement communities (CCRCs), are an increasingly popular choice of aging Americans. These communities offer the array of care options necessary as seniors move through the stages of aging that include independent or assisted living, memory care, and skilled nursing. Beyond health care CCRCs offer a wide range of services “such as housekeeping, dining options, transportation, fitness and wellness programs, recreational activities as well as social activities and outings for residents.” It is essentially “aging in place” except in a community environment. There are approximately 2,000 CCRCs in the country as compared to about 30,000 assisted living facilities primarily because the price of a CCRC is about $3,000 to $5,000 a month. If you can and are considering joining a CCRC, there are some parameters to consider very carefully.

The first consideration is financing. Can you afford the buy-in and associated monthly fees? If n…

Latest Posts

Underestimating the Risk of Disability

Special Needs Trusts – What You Need to Know

Financial Benefits for Veterans and Their Survivors

Points to Discuss with Your Aging Parent

Artificial Intelligence and Aging

Power of Attorney Misconceptions

VA Rule Changes

Silver Alert: What Does It Mean and How to Avoid Needing It

September 22nd is National Falls Prevention Awareness Day

Seniors and Mental Health