Episode 204
Understanding Continuing Care Retirement Communities (CCRCS)
October 19, 202324m 31s
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Show Notes
As Baby Boomers and those on the cusp of retirement search for their next chapter, Continuing Care Retirement Communities (CCRCs) or Life Plan Communities emerge as a noteworthy option. In this episode, Phil sheds light on the key aspects you should consider when determining whether these communities are a suitable choice for your retirement.
Here’s some of what we discuss in this episode:
- 1:40 – Some background on CCRCs
- 5:28 – Questions to ask when considering a CCRC
- 11:31 – Personalizing your living space + contracts
- 15:25 – Is the CCRC accredited?
- 17:12 – When should someone consider a CCRC?
- 18:05 – Potential cons of a CCRC
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