{"id":27276,"date":"2023-07-29T22:54:00","date_gmt":"2023-07-29T22:54:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=27276"},"modified":"2023-10-21T19:17:43","modified_gmt":"2023-10-21T19:17:43","slug":"continued-care-retirement-communities","status":"publish","type":"post","link":"https:\/\/businessyield.com\/family-helping\/continued-care-retirement-communities\/","title":{"rendered":"CONTINUED CARE RETIREMENT COMMUNITIES: Meaning & Best US Options in 2023","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
continuing care retirement communities or life plan communities are a long-term care alternative for older individuals who prefer to stay in the same place throughout the aging process. This study is designed for you to have a thorough understanding of continuing care retirement communities in Florida, in the United States, in PA, in NJ, Luxury and Nonprofit.<\/p>\n
Retirement communities provide varying degrees of accommodation and care based on a senior’s needs and how they change. While still living in the same community<\/a>, a person can begin living independently in an apartment. And subsequently, transition to assisted living to receive more assistance with daily tasks or to skilled nursing to receive more medical care.<\/p>\n The main advantage of Continued Care Retirement Communities (CCRC) is that they offer a wide range of care, services, and activities in one location. BY providing residents with a sense of stability and familiarity as their abilities or health conditions change. However, this comes with a cost.<\/p>\n According to a study conducted by commercial real estate services firm CBRE, nearly two-thirds of the communities levy an access fee. Moreover, the average initial payment is $329,000, but in some localities, it might exceed $1 million.<\/p>\n After moving in, residents must pay monthly maintenance or service costs ranging from $2,000 to $4,000.<\/p>\n Other continuing care facilities use a leasing arrangement with no upfront costs. Furthermore, rent for an independent living unit is typically between $3,000 and $6,000 per month.<\/p>\nUnderstanding Continued Care Retirement Communities<\/span><\/h2>\n
Top Luxury Continuing Care Retirement Communities in Florida<\/span><\/h2>\n