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A continuing care retirement community (CCRC), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3]
Subsidized communities usually adhere to strict criteria and may have lengthy waiting lists. Naturally Occurring Retirement Community (NORC): A community that has a large population of senior residents but was not originally designed for seniors. These evolve naturally as people age-in-place over time or migrate into the same area.
Based on the health and financial means of the individual, these may include living in a retirement community or an age-restricted community, independent senior living, or living in a nursing home or retirement home. A retirement community is a residential community or housing complex designed for older adults who are generally able to care for ...
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Even if you can afford to live in a 55-plus community, additional fees will have a way of eating into your retirement budget. For example, amenities can total roughly $200 a month, meaning an ...
The Watermark at Beverly Hills is less of a retirement community and more of a 5-star hotel experience. In addition to medical care, the facility offers chef-prepared meals and restaurant style ...