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Continuing Care Retirement Community (CCRC)

This is a community with multiple levels of housing and care provided all within one campus. They often range from independent living (in single family home, condo or townhome) to assisted living facility to a nursing home and finally to a memory unit.

Each CCRC has their own list of amenities and services that they provide.

What Is The Best Age To Move Into A CCRC?

There is no easy answer to this question as it depends on many factors. These include the type of CCRC, your own personal health and care needs, and your financial situation.

If you are in good health and are able to live independently, then a CCRC may be a good option for you. Many CCRCs have a minimum age requirement, typically between 55 and 62. However, there are some CCRCs that will accept residents as young as 40 or 45.

If you are considering a CCRC, it is important to visit several communities and take tours. This will give you a better idea of what each community has to offer and whether or not it is a good fit for you.

It is also important to speak with your financial advisor to make sure that a CCRC is the right decision for you. He or she can help you understand the costs associated with living in a CCRC and how they compare to other retirement options.

There is no one-size-fits-all answer to the question of what is the best age to move into a CCRC. The decision should be based on your unique circumstances and what you are looking for in a retirement community.

What Is The Difference Between CCRC And Assisted Living?

There are several key differences between CCRCs and assisted living. For starters, CCRCs offer a much wider range of services and amenities than assisted living.

This includes everything from independent living and skilled nursing care to memory care and rehabilitation services. In addition, CCRCs typically require an upfront entrance fee, as well as monthly service fees, while assisted living is typically offered on a month-to-month basis.

CCRCs also tend to be much larger than assisted living communities, with many offering hundreds of units or more.

This allows for a greater sense of community and social interaction, as well as a wider range of activities and amenities.

Finally, CCRCs are typically geared towards an older population, while assisted living communities can accommodate people of all ages.

So, what is the difference between CCRCs and assisted living? While both offer a variety of services and amenities, CCRCs tend to be more comprehensive in scope and size.

They also typically require an upfront entrance fee, as well as ongoing monthly charges. Assisted living communities, on the other hand, are typically smaller in size and do not require an entrance fee. Instead, they charge monthly fees that cover the cost of care and services.

What Happens If You Run Out Of Money In A CCRC?

If you’re like most people, you probably think that if you run out of money in a CCRC (continuing care retirement community), the staff will just kick you out onto the street. However, that’s not necessarily the case.

When you move into a CCRC, you typically sign a contract that outlines your financial responsibilities. This contract is usually called a “Deferred Payment Agreement” or a “Residence and Care Agreement.”

If you stop making payments on your contract, the CCRC has the right to ask you to leave.

However, many CCRCs have what’s known as a “grace period” policy. This means that if you run out of money, the CCRC will allow you to stay for a certain period of time (usually 6-12 months) while you try to get your finances in order.

During this grace period, you’ll likely have to pay a reduced rate for your room and board.

If you still can’t make payments after the grace period, the CCRC may ask you to leave. In some cases, the CCRC may be willing to work out a payment plan with you.

But if you can’t make payments and you’re asked to leave, you’ll likely forfeit any money you’ve already paid into your contract.

Of course, every CCRC is different, so it’s important to understand the specific policies of the CCRC you’re considering before you sign a contract.

In general, these are the types of things that can happen if you run out of money while living in a CCRC.

Pros And Cons Of Living In A Continuing Care Retirement Community

There are a number of factors to consider when deciding whether or not to move into a continuing care retirement community (CCRC). Here are some pros and cons to help you make your decision:


  • You will have access to a variety of amenities and activities.
  • You will be able to receive the level of care you need as you age.
  • You will be able to live in a community of people who are at a similar stage in life.


  • The monthly fees can be expensive.
  • The level of care you receive may not meet your expectations.
  • You may not be able to stay in the same living quarters if your health deteriorates.

Overall, CCRCs can be a great option for those who are looking for a retirement community that offers a variety of amenities and activities. However, it is important to weigh the pros and cons carefully before making a decision.