What is your Long Term Care Plan? (retirees, meal, pills)
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Having followed the rise and fall and growth of CCRC's I am noticing a interesting trend. They are getting fancier and with larger floor plans and amenities. We are on the list for two both very nice and luxurious.
Accordingly they are becoming even more expensive. It is what people want.
Tuborg would you mind sharing the two luxurious CCRCs you found?
If you want to keep it private I understand!
Tuborg would you mind sharing the two luxurious CCRCs you found?
If you want to keep it private I understand!
Westminster-Canterbury is a very nice one in my area. They have several locations in Virginia. People are on a waitlist for years for that place. Very expensive, but the residents love it.
they show a one bedroom at 333k to 464k plus 5470 a month
a two bedroom is 540k to 866k and 6560 a month.
lifecare is another 95k
“What is the cost of care at Kendal On Hudson? Average monthly costs of care for Kendal On Hudson are approximately $10,018. This is higher than the $7,835 average cost in Sleepy Hollow. While the national estimated cost is about $4,215, New York comes in at $5,313 monthly.”
A studio (including entrance fee + lifecare contract) is still under $300k, ie, about $200k cheaper than the value of either of my studio condos in good areas of two large cities, and is bigger than my studios. The monthly fee is about what I spend now typically in a year (but I am maintaining three condos in different cities, and traveling constantly - a sort of life I could not convert into a ccrc unless I get very old and too tired to travel, which is really hard to imagine happening). Traveling in every month of the year seems to stretch out time. Maybe that is why so many seniors like to travel? At any rate, I could not sit in the same place yet.
the idea of living in a studio where i can entertain guests , sit on the toilet and cook all at the same time was never anything i had interest in living in
A studio (including entrance fee + lifecare contract) is still under $300k, ie, about $200k cheaper than the value of either of my studio condos in good areas of two large cities, and is bigger than my studios. The monthly fee is about what I spend now typically in a year (but I am maintaining three condos in different cities, and traveling constantly - a sort of life I could not convert into a ccrc unless I get very old and too tired to travel, which is really hard to imagine happening). Traveling in every month of the year seems to stretch out time. Maybe that is why so many seniors like to travel? At any rate, I could not sit in the same place yet.
My theory is our brains demand stimulation and change. Sitting at home watching "Jeopardy" is a kind of living death.
the idea of living in a studio where i can entertain guests , sit on the toilet and cook all at the same time was never anything i had interest in living in
We have no interest in a studio. Two bedroom. two bath plus den is a floor. Minimum 1550 plus sq foot.
the idea of living in a studio where i can entertain guests , sit on the toilet and cook all at the same time was never anything i had interest in living in
The idea of living in a studio for a solo person who does not want to entertain at home is perfect. I have lived like that for several decades already. Right now, it gives me a chance to live inexpensively in three expensive cities (in the best part of one city, one of the excellent parts of the second city, and a comfy though long (but that is what books are for) bus ride from the condo to all interesting parts of the third city).
Keeping it private, there are nosey folks on here. Who pride themselves on tracking people down.
LOL. I could even name them, but I won't.
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