What to Expect when it Comes to the Real Cost of a CCRC

CCRC Questions

What to Expect when it Comes to the Real Cost of a CCRC

When you’re looking at CCRCs (continuing care retirement communities) there are so many questions to ask. The financial piece of the puzzle might feel daunting, but it doesn’t have to be. As you narrow down the list of communities, you’ll want to start asking questions like:

  • Will I be buying or renting?
  • How can fees change over time?
  • What happens if one of us needs to move to assisted living but the other needs to stay in independent living?

When you know what to expect, Traci Richmond, JD, CDFA™, RICP® explains, you can really weigh your options and determine the best fit for you.