Continuing Care Retirement Communities (CCRCs), also known as Life Plan Communities, are growing in popularity as people realize the freedom and peace of mind that they offer. CCRCs differ from other retirement living options because they offer a continuum of housing and care, under an agreement that works similar to long-term care insurance. For that reason, most CCRCs require prospective residents to be in reasonably good health, determined by a medical exam completed prior to moving in.
Looking forward to your retirement is one thing but planning for it is quite another. Whatever your age, a little research goes a long way if you’re looking for the peace of mind of knowing your physical, social and healthcare needs will be met when you retire — and long after.
For many, the American Dream is all about owning your own home. But when kids leave the nest and retirement looms, that sprawling home can start to feel more like a burden than a dream. There are gutters to clean, lawns to be mowed, garages to organize – not to mention the daily household duties of cooking, cleaning and endless laundry.