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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]
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.
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 ...
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The continuing-care retirement communities were rebranded as Vi, while rental properties were renamed to “Classic Residence, a Vi Community.” [15] In January 2012, Pritzker announced her resignation as Vi Senior Living chairwoman. As a result, Kevin Poorman, vice chairman of the company, was appointed to fill her role. [5]
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 ...
Some nursing homes and continuing care retirement communities (CCRCs) check credit as part of the admission process. If you have a good score, it can help ease the application and approval process.
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 ...