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Types of Retirement Housing for Seniors

Found 19 Articles.
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Choosing a Retirement Community

June 25, 2014

Continuing Care Retirement Communities (CCRC) are what many people think of as retirement communities. They provide a continuing level of care based on what you need at any time. They have independent living for those who can live on their own; assisted living for those who need some care; and nursing home facilities for those […]

the-revolution-in-continuing-care-retirement-communities

The Revolution in Continuing Care Retirement Communities

September 1, 2007

There is a bit of a revolution taking place in continuing care retirement communities (CCRCs). The revolution will make it easier for people to enter the community of their choice, but it also is making some decisions more difficult. A continuing care retirement community offers the full range of senior living options on one campus […]

the-new-breed-of-vacation-homes

The New Breed of Vacation Homes

April 1, 2006

A vacation home is passé for some people. While vacation and second home owner-ship are on the rise, and more Boomers plan to buy second homes, a number of people are moving on to what they consider the next level of second home ownership. This innovation is known generically as the destination club. There now […]

comparing-continuing-care-retirement-communities

Comparing Continuing Care Retirement Communities

March 1, 2005

Last month we introduced Continuing Care Retirement Communities (CCRC) and their different pricing options. Each community combines independent living, assisted living, and a nursing home. Residents are guaranteed lifetime care. Some require a modest deposit and monthly fees.  Others require a large payment that might be partially refundable to your heirs, and they charge lower […]

your-home-and-long-term-care-in-one-package

Your Home and Long-Term Care In One Package

February 1, 2005

More and more retirees are looking to solve their housing and long-term health care needs in one move. They are moving into facilities called continuing-care retirement communities, or CCRCs. These also are known as living-care communities. A CCRC has several types of living and health-care facilities in one community. Usually there is an independent living […]

how-to-maximize-retirement-community-deductions

How to Maximize Retirement Community Deductions

April 1, 2004

A portion of long-term care expenses are deductible as medical expenses. The question taxpayers often ask is what portion of the fees paid to retiree communities, such as assisted living facilities or nursing homes, can be deducted. The Tax Court recently stepped into this issue and set some new rules. When someone enters a nursing […]

where-to-retire-in-style

Where To Retire In Style

December 1, 2002

The image of the ideal retirement that is ingrained in the imagination of most Americans includes a home in a sun-drenched retirement community. Reality often doesn’t match the ideal. Some studies show that 25% or more of those who retire to Florida leave within five years. I’ve met retirees who admit to choosing the wrong […]

Hot New Retirement Locations

February 1, 2001

Older Americans might be becoming “half backs” instead of “snowbirds.” A snowbird, as you probably know, is someone who lives most of the year in a cold weather area but spends a few winter months in a warm weather state. Usually the retiree treks from a midwest or northeastern state to Florida. But many older […]

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