Moving to a 55+ Active Adult Community or a Continuing Care Retirement Community (CCRC also known as a Life Plan Community) is a major life decision. As you may know or are currently finding out, it’s not the easiest thing for a family to do. To help you figure out which community is right for you we highlighted a few features of each community type.
55+ Active Adult Community
Active adult communities are neighborhoods that offer independent, relatively maintenance-free living to residents aged 55 and older. The average age of most residents is typically between 65-75.
Residents own their home and the type of homes vary between condominiums, townhomes and single homes. Homes are designed with all the primary living necessities located on the main level including a master bedroom.
The exterior maintenance and care of your property is usually covered in your Home Owner’s Association (HOA) dues.
Many communities have clubhouses with fitness centers, pools and walking trails to keep you physically active. They also have social clubs and volunteer groups to help you engage with friends and stay involved.
The potentially negative aspect of active adult communities is they do not provide any form of healthcare services. If your health declines, you can bring in your own in-home care, but you or your family will be responsible for making the arrangements and payment.
Continuing Care Retirement Community
A CCRC is a senior living community that offers a range of healthcare services to residents that are 62 and older. The average age of most residents is typically 75+.
Healthcare services typically offered are independent living, assisted living and rehabilitation to skilled nursing and/or memory care. In most cases these services are provided on a single campus, often with different buildings or neighborhoods dedicated to each care type.
CCRCs have apartments or attached cottage style homes where you can opt to have laundry and housekeeping services taken care of. You can also choose to cook meals in your own home or join other residents in the community dining room.
Amenities often include scheduled activities, educational programs, exercise and wellness centers, craft areas, libraries, transportation and spa services.
On the negative side is the cost. Many CCRCs require an up-front entrance fee on top of monthly fees. The cost can be quite high, but in some cases, it covers all the care services you need now and in the future.
Choosing where to spend your retirement years – as well as where you invest in your future – is a big decision. Let S3Living help! We represent you and provide education, guidance and advocacy for you every step of the way.
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