Is a Continuing Care Retirement Community Right for You?

A Continuing Care Retirement Community (CCRC) is a residential community that offers a range of housing options and services to seniors. It is designed to provide a continuum of care as residents age, offering independent living, assisted living, and skilled nursing care all in one location.

Living in a CCRC provides seniors with a secure and supportive environment. The benefits include access to various levels of care as needs change, a sense of community and social engagement, maintenance-free living, and access to amenities and activities designed specifically for seniors.

The cost of living in a CCRC can vary depending on factors such as location, size of the accommodation, and level of care required. Typically, residents pay an entrance fee and a monthly fee. It’s important to carefully review the contract and fee structure before making a decision.

Independent living in a CCRC is suitable for active seniors who can live independently but desire the convenience, social opportunities, and support services offered by the community. Assisted living provides assistance with daily activities for individuals who require some help but still want to maintain their independence. Skilled nursing care is for residents who have more complex medical needs and require round-the-clock care.

Choosing the right CCRC involves considering factors such as location, cost, amenities, services offered, and the community’s culture and values. It’s important to visit the community, talk to current residents, and review the contract and financial arrangements before making a decision. Consulting with a financial advisor or geriatric care manager can also be helpful in the decision-making process.

A CCRC may not be the best option for everyone. It is most suitable for individuals who desire a secure and supportive community environment, are able to afford the costs associated with living in a CCRC, and can benefit from the range of care options provided. It’s important to carefully consider individual needs and preferences before deciding if a CCRC is the right choice.