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Acts Retirement-Life Communities (Acts), based out of Fort Washington, Pennsylvania, is the third largest not-for-profit owner, operator and developer of continuing care retirement communities (CCRCs) in the United States. [1]
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]
By 2011, niche retirement communities or "niche senior communities' - known as "affinity retirement communities" by industry professionals - [29] had become "one of the biggest trends in retirement living." [28] These communities attract those over 55 who want to be in communities of like-minded individuals from the same ethnic background (for ...
According to Acts Retirement Life Communities, Social Security and retirement income from government pensions and 401(k) plans are exempt from taxes. Discover More: 16 Best Places To Retire in the ...
Retirement communities can have a variety of amenities, depending on the type of community. There are 55+ retirement communities, assisted living facilities, nursing homes, senior co-housing ...
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 ...
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