Retirement Communities

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Understand Entrance Fees

By: Commission on Accreditation of Rehabilitation Facilities (CARF) Most CCRCs require payment of a one-time fee, usually called the entrance fee, before moving to the community. The entrance fee amount often depends on the level of care at the time of entry, type of housing chosen (with larger units requiring a larger fee), and agreement type. The entrance fee allows [...]

2010-04-01T19:14:20-04:00April 1st, 2010|Life Plan Communities|

Should You Put Your Retirement Plans on Hold?

By:  Nancy Nolan You were thinking about making a move to a Continuing Care Retirement Community. You were really, seriously thinking about moving from your home of 25 or 30 years, into one of those ‘maintenance free’ environments where activities and companionship abound. The fact that health care support is available, should you need it, and the thoughts of someone [...]

2010-04-01T19:12:17-04:00April 1st, 2010|Life Plan Communities|

How To Receive Care for Life

By:  Guide to Retirement Living Staff Moving is an arduous process, and it’s understandable that individuals may not want to make the transition more than once in this phase of their lives. For those who are looking to stay put, but also want a built-in support system, continuing care communities may help them achieve those goals. What are CCRCs? Continuing [...]

2010-04-01T19:07:36-04:00April 1st, 2010|Life Plan Communities|

Before You Sign a Continuing Care Contract

You have finally found the community you feel is the best fit for your lifestyle and needs. Before you make this commitment, however, there are some resources you can utilize to ensure you are making the right decision. According to the website www.peoples-law.org, it is recommended that you: •  Call the Maryland Department of Aging at 410-767-1118, or toll free [...]

2010-04-01T19:06:46-04:00April 1st, 2010|Life Plan Communities|

What To Look For In An Independent Community

A major question for those who are considering an independent living community is how to meet their future health care needs. It is important to have a specific plan covering various contingencies. Another question may be whether to select a fee-for-service arrangement or an all-inclusive fee. Fee-for-service may appear at first to be the more economical choice, but if a [...]

2010-04-01T19:05:51-04:00April 1st, 2010|Independent Living Communities|

Understand Rental Options

By: American Association of Homes and Services for the Aging (AAHSA) According to the American Association of Homes and Services for the Aging (AAHSA), a person can rent an apartment either at the market rate or, if his or her income level applies, a lower rate. These apartments are often designed with seniors in mind. For example, there may be [...]

2010-04-01T19:03:25-04:00April 1st, 2010|Independent Living Communities|

How To Live Independently

By:  Guide to Retirement Living Staff Independent living communities are residential communities for active older adults who want an enjoyable lifestyle free of the worries and trouble of home maintenance. They are similar to any apartment, condominium, or single-family development, except that they provide special services, including security-an important consideration for many residents. Most independent living communities are fully secured; [...]

2010-04-01T18:56:01-04:00April 1st, 2010|Independent Living Communities|

Questions to Ask About Continuing Care Retirement Community Fees

By: Commission on Accreditation of Rehabilitation Facilities (CARF) 1.  Are there financial deposits for which I am responsible? If so, what is the refund policy if I decide not to move to the community? 2.  What types of service contracts or agreements are available in this community? 3.  How much is the current entrance fee? Are there plans to increase [...]

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