Product Review
Don't waste your retirement savings on the wrong CCRC.
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One study revealed 60% of new residents made their decision based on the Continuing Care Retirement Community's (CCRC) own marketing materials. Yet, only 11 states require review of those materials.
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If you've ever thought of buying into a CCRC, this is the book you'll want to read first.
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It explains
- Types of housing and contracts,
- Entrance and monthly fees,
- Essential things every CCRC should have,
- What guarantees you'll get, and
- What to do if things don't work out the way you hoped.
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The second edition addresses changes in regulations and laws (including Obamacare) and responds to reader suggestions. Chapters are added on bankruptcy, tax laws, resident rights, and why CCRCs still are a good solution for seniors.
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This guide fills the void between emotional personal accounts and dry textbooks that list hundreds of items you're supposed to check.
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Retired real estate agent Ruth Alvarez drew from her own experience as a CCRC resident and her successful efforts to move her parents and great-aunt into CCRCs. Â
The second edition addresses changes in regulations and laws (including Obamacare) and responds to reader suggestions. Chapters are added on bankruptcy, tax laws, resident rights, and why CCRCs still are a good solution for seniors.
Â
This guide fills the void between emotional personal accounts and dry textbooks that list hundreds of items you're supposed to check.
Â
Retired real estate agent Ruth Alvarez drew from her own experience as a CCRC resident and her successful efforts to move her parents and great-aunt into CCRCs. Â
