Understanding Continuing Care Retirement Communities (CCRCS)

Phil's Tax Hacks · Oct 19, 2023 · 24m

As Baby Boomers and those on the cusp of retirement search for their next chapter, Continuing Care Retirement Communities (CCRCs) or Life Plan Communities emerge as a noteworthy option. In this episode, Phil sheds light on the key aspects you should consider when determining whether these communities are a suitable choice for your retirement.

Here’s some of what we discuss in this episode:

1:40 – Some background on CCRCs

5:28 – Questions to ask when considering a CCRC

11:31 – Personalizing your living space + contracts

15:25 – Is the CCRC accredited?

17:12 – When should someone consider a…