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Visit a few more. My sense is that the newer they are the younger they are. Once folks get in and they fill up the average age rises with the residents. Only getting younger folks when someone dies
This is a great topic and I hope it stays on track. CCRC to me means Continuing Care Retirement Community which means as you require more levels of care, they are available. As best I can find and I have have looked at several:
Level 1: You take care of yourself in your own "unit". Additional services such as housekeeping, meals, etc. can be purchased. As an example you may still prepare your own meals, clean your unit, drive yourself around, etc.
Level 2: Your needs are taken care of such as housekeeping, meals, etc. but you are still in your own "unit". As an example you can take care of your toileting needs, get to the dining room, etc.
Level 3: Round the clock assistance as in unable to take care of your needs without assistance. As an example you need help toileting, meals delivered, etc.
Statistically, I don't think most people ever need the "round the clock" care, other than for a serious illness or after surgery. I may be wrong, and maybe this need will increase as modern medicine increases life spans.
We enjoy our retirement condo with independent living, indoor and outdoor pools, golf course, as well as all the usual craft and music, etc. We have a few 85-100 yr olds who remain independent, active, driving, and happy. If we ever need full time care, we'll let out kids help us decide, as we would want it to be convenient for them to visit and oversee the care.
Food for this and other senior communities. The new AARP has a greater featured article titled How to Retire 2017. It discusses several retirement lifestyles and locations of people finding active retirement lives. One of the places is the Villages in Florida. They sold 2,200 homes last year and people love it there. The pace of home sales is declining and one observation why is that the current crop of young retirees are the last of the lucky pensioners. Trying to manage affording CCRC's and other senior options isn't just initially being able to afford but in maintaining the needed annual cash flow. When you get right down to being admitted to a lot of the higher end CCRC's you need more income and assets than many realize.
This is a great topic and I hope it stays on track. CCRC to me means Continuing Care Retirement Community which means as you require more levels of care, they are available. As best I can find and I have have looked at several:
Level 1: You take care of yourself in your own "unit". Additional services such as housekeeping, meals, etc. can be purchased. As an example you may still prepare your own meals, clean your unit, drive yourself around, etc.
Level 2: Your needs are taken care of such as housekeeping, meals, etc. but you are still in your own "unit". As an example you can take care of your toileting needs, get to the dining room, etc.
Level 3: Round the clock assistance as in unable to take care of your needs without assistance. As an example you need help toileting, meals delivered, etc.
The newer higher end one's I have looked at have meal plans, cleaning and transportation etc built in. They need it as part of the pricing to create minimum revenue to support it and to keep you and your unit clean and you fed and watched over
Trying to manage affording CCRC's and other senior options isn't just initially being able to afford but in maintaining the needed annual cash flow. When you get right down to being admitted to a lot of the higher end CCRC's you need more income and assets than many realize.
Very true. Purchasing a unit can cost over $400k, and then have another $2500 per month Condo Fee attached. Add to this a IRS Ruling that I am hazy about, but apparently states that the home sale roll-over or capital gains exclusion for home sale does not apply when selling your home to purchase a CCRC unit. I haven't done any research yet on this so my statement may be wrong - but it is written in some CCRC article(s) I found.
There are several near me. Once in awhile I go to different shows and they have the chefs from these places giving out food. It is always great. 3 entrees seems to be the norm. Many activities. They all have somewhat low monthly fees from $1000 to $6000(huge condo) but there is a 6 figure buy in.
I think that style of living is based on personal preferences, unless you really have no choice and need the medical care and help.
We were among the youngest on our very friendly street when we moved in decades ago, but now the older crowd has mostly moved out or died. Now the street is regenerating with young people with children and we enjoy it.
We do not have grandkids yet and there is something special about talking with a preschooler about their Halloween costume or watching them learn to ride a bike. The other day one ran up to me grinning all over to show the gaping space where her tooth had fallen out.
Guess because I worked with children during my career I find it uplifting and happy, and being around all older folks would make me feel I was in the final chapter of my life. I can't imagine that until at least my 80s.
I also have visited these places and lovely as some are, I find them depressing. To each his/her own.
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