Do you have a loved one who is interested in Continuing Care Retirement Communities (CCRC)s? He or she should proceed with caution. Here's an example of another CCRC in financial trouble - Air Force Village West was a CCRC for … [Read more...]
The Financial Problems of CCRCs
A Continuing Care Retirement Community (CCRC) is an age-restricted community where, in most cases, incoming residents must be at least age 55 or older. The facilities offer independent-living units, assisted living units, and … [Read more...]
Before You Sign a Continuing Care Contract
Continuing Care Retirement Communities (CCRC), also known as Life Care Communities, offer older adults a spectrum of services and care facilities, typically starting with independent living arrangements, then advancing to assisted … [Read more...]
Did you see last Sunday’s Washington Post article?
Did you catch last Sunday's Washington Post article by David Hilzenrath, about the October bankruptcy filing of Erickson Retirement Communities? My phone has been ringing all week with people concerned about this news, because … [Read more...]
CCRC Resident Fights Move to Increased Level of Care
An 88-year-old California widow is challenging an attempt by her continuing care retirement community (CCRC) to move her from her private apartment to an assisted living unit. If she is successful, the outcome could set a legal … [Read more...]