Understanding Continuing Care Retirement Communities (CCRCS)
Phil's Tax Hacks
English - October 19, 2023 09:00 - 24 minutes - 34 MB - ★★★★★ - 4 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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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 CCRC?
18:05 – Potential cons of a CCRC
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