Senior Living Buy-in Vs. Monthly Rent: What Makes Most Sense?
Seniors can rent independently in a senior living or 55+ community, but no care is included. Alternatively, they can move to a facility that offers care in return for a monthly rental payment or a...
Senior living apartments are apartments, townhomes, and condos located within communities or complexes specifically designed with the wants and needs of older adults in mind. They may have age...
Moving into a Continuing Care Retirement Community (CCRC) can require an entrance fee of $30K-$1M or more. While this is a significant expense, the price often provides some or all medical costs on a...
Assisted living facilities (or ALFs) offer a custodial level of care which may include help with ADLs (activities of daily living) with considerable independence. A CCRC, or a continuing care...
Buying into a retirement community like a CCRC or Life Plan community requires a substantial investment. The tradeoff is that you usually get ongoing care as needed, even if your condition worsens...
CCRCs, or continuing care retirement communities, provide a long-term care option for older people who want to stay in the same place through separate phases of the aging process. Also known as life...
