Continuing Care Retirement Community (CCRC)

Many seniors choose CCRCs for their comprehensive care guarantee, which ultimately removes the caregiver burden off of adult children. Should a senior resident’s health needs change, the continuing care contract enables them to move to other living facilities within the community that can better offer the level of care needed, from rehabilitation services to assisted living or nursing care.

Why do continuing care retirement communities have monthly fees?

CCRCs typically have a "buy-in" or entrance fee that can range from $20,000 to more than $400,000. In addition, there are monthly fees ranging from $400 to $2,500 or more that may cover any of the following items: meals, scheduled transportation, housekeeping, linen and personal laundry, maintenance, health monitoring, social activities, and 24-hour security.

Making such an enormous life change can be trying. Help your parents make their new living space as comfortable and personalized as possible. If you’ve ever moved yourself, you know the feeling of displacement, however, the worry of being in an unfamiliar place does pass. Keep your patience and avoid adding to their stress by being understanding of your parents’ reactions or behavior.

According to many couples, making their home in a CCRC is like living in a hotel. With access to a fitness center, a variety of activities, and their home maintenance needs met, they report finding satsifaction and ease in their every day.