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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

5 min

How do CCRCs make money? Unpacking the Finances of Continuing Care Retirement Communities

According to the National Investment Center for Seniors Housing & Care (NIC), the average entrance fee for a Continuing Care Retirement Community (CCRC) was approximately $402,000 in 2021, illustrating the significant upfront cost for residents. Understanding the complex revenue streams, including entrance and monthly fees, is crucial for anyone researching **how do CCRCs make money?**

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5 min

How Much Money Do You Need to Live in a CCRC?

Studies show that over 70% of individuals aged 65 and older will need some form of long-term care in their lifetime. This makes understanding **how much money you need to live in a CCRC** a crucial component of sound retirement planning, going far beyond simple rent and utilities.

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4 min

What is a major drawback of some continuing care facilities requiring a substantial initial payment not being homogeneous location type of care?

According to the U.S. Department of Health and Human Services, over 70% of people aged 65 or older will require some form of long-term care. This makes understanding the financial and logistical complexities of Continuing Care Retirement Communities (CCRCs) crucial, especially when considering **what is a major drawback of some continuing care facilities requiring a substantial initial payment not being homogeneous location type of care**.

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