All CCRCs Are Not Created Alike
Tuesday, November 29th, 2011“All CCRCs are not created alike.” When I speak to groups about choosing a CCRC this is always one of the first things I say. Let me tell you what I mean.
Did you know that there are five main types of CCRC contracts offered among various communities? It is important to understand which type of contract is best for you personally and financially.
I can’t tell you how many times I have heard that someone chose a particular community because a friend went there or because it had, for instance, and indoor swimming pool, without ever taking the time to really understand the various types of contracts out there and which one is best for them.
Understanding the differences between the various types of CCRC contracts and how each would fit your particular situation will help you make a more informed and suitable decision.
Choosing a CCRC is a decision that cannot easily be unwound. Make sure that your First Choice is the Right Choice!