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What are the risks of CCRC? Understanding the financial and contractual pitfalls

According to Investopedia, at least 16 Continuing Care Retirement Communities (CCRCs) have filed for bankruptcy since 2020, putting thousands of older adults at risk of losing their life savings. This statistic highlights a critical question for prospective residents: **what are the risks of CCRC** living? While offering comprehensive care, CCRCs come with significant financial and contractual considerations that demand serious scrutiny.