CCRCs: Find the Right CCRC for Yourself or a Loved One (Retirement Planning Book 1)
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CCRCs: Find the Right CCRC for Yourself or a Loved One (Retirement Planning Book 1)
Don’t waste your retirement savings on the wrong CCRC.
One study revealed 60% of new residents made their decision based on the Continuing Care Retirement Community’s (CCRC) own marketing materials. Yet, only 11 states require review of those materials.
If you've ever thought of buying into a CCRC, this is the book you'll want to read first.
It explains
• Types of housing and contracts,
• Entrance and monthly fees,
• Essential things every CCRC should have,
• What guarantees you’ll get, and
• What to do if things don’t work out the way you hoped.
Learn how to get family members to move into a CCRC, what to look for when you tour assisted living and nursing facilities, and what accreditations and certifications are important and which aren’t.
This second edition addresses changes in regulations and laws (including Obamacare) and responds to reader suggestions. Chapters are added on bankruptcy, tax laws, resident rights, and why CCRCs still are a good solution for seniors.
This guide fills the void between emotional personal accounts and dry textbooks that list hundreds of items you’re supposed to check.
Retired real estate agent Ruth Alvarez drew from her own experience as a CCRC resident and her successful efforts to move her parents and great-aunt into CCRCs.