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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]
A typical definition, from a New York Department of Health website [13] is "Continuing care retirement communities (CCRCs) and fee-for-service continuing care retirement communities (FFSCCRCs) are residential alternatives for adults that offer, under one contract, [14] an independent living unit (an apartment or cottage), residential amenities ...
Continuing Care Retirement Communities (CCRCs) Also known as Life Plan Communities, these offer various levels of care and can be an attractive option for some retirees.
Assisted living falls somewhere between an independent living community and a skilled nursing facility regarding the level of care provided. [8] Continuing care retirement facilities combine independent living, assisted living, and nursing care in one facility. People living in newer assisted living facilities usually have private apartments.
If you're approaching retirement this year, you're not alone. Indeed, more Americans plan to retire in the coming year -- with 22% saying they are likely to retire in 2024, up from 17% in 2022,...
Continuing care retirement communities provide several types of care - typically independent living, assisted living, and skilled nursing - in one location, with the resident being able to move from one level of to another as their needs dictate. [7] This is often referred to as 'Aging in Place'.
By Philip Moeller The clouds are finally beginning to part for older retirees who want to move into a retirement community. Years of stagnant, if not declining, housing values have deterred people ...
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 ...