A Continuing Care Retirement Community (CCRC), sometimes referred to as a Lifetime Community or a Life Plan Community, offers many levels of care, all in one supportive living environment. This type of community is ideal for healthy older adults who want to plan for potential health and personal care that may be required in the future.
CCRCs typically offer:
- Independent living
- Assisted living
- Skilled nursing care and rehabilitation
- Memory care
Although CCRCs offer a full continuum of care, most require incoming residents be able to live independently at the time of move in. Then, as more care is required, residents move within the community to receive the level of care needed.
Depending upon the community, CCRCs offer a variety of housing options for independent living which may include apartments, condos, duplexes, townhomes and cottages.
Although each CCRC is unique, amenities and activities that might be offered include:
- Communal dining with custom-designed meal packages
- Regularly planned on- and off-campus social events
- Scheduled activities at indoor and outdoor recreation areas
- Fitness centers with exercise machines and fitness classes
- Swimming pools and whirlpools
- Community centers/clubhouses
- On-site laundry facilities
- On-site hair salons
Aside from the benefits already listed, additional benefits may include:
- Move-in assistance to help with organizing, downsizing and packing
- Successive moves within the community are easier as care needs change
- Maintain friendships despite care need changes
- Avoid the stress of becoming familiar with a new supportive living community as care needs change
- Despite differing care needs, spouses are able to be in close proximity to each other, visit each other anytime day or night, do activities together and dine and socialize together. They continue to be a couple, interacting with each other whenever they choose.
- Provide peace of mind and security, knowing you’ll live in one location for the rest of your life, aging in place
The cost of a CCRC can be substantially higher. Most require a one-time entrance fee, similar to a down payment. The entrance fee helps communities charge lower monthly fees for services, amenities and access to healthcare. The monthly fee may vary as residents move between levels of care. Residents often have multiple healthcare payment options to choose between. Prices can range significantly depending on location, amenities and services offered.