How Much Long-Term Care Will You Need?
Depending on the source, statistics show somewhere between 50-70% of people over the age of 65 will require fairly significant long-term care services at some point in their life. This means they’ll
Lifecare Contracts Explained
Lifecare Contracts Explained A Continuing Care Retirement Community (CCRC, or “Life Plan Community”) can be a wonderful solution for older adults who are independent and active today, but who seek the
CCRCs: The Purpose of Entry Fees
CCRCs: The Purpose of Entry Fees The vast majority of Continuing Care Retirement Communities require an entry fee. Naturally, people often ask, “What is the purpose of the entry fee?” Before
Entry Fee Tax Deductions Explained
Residents of entry-fee retirement communities may be eligible to deduct a portion of the entry fee, and possibly monthly fees, depending on the type of contract offered by the community. Here
Dispelling myths about paying for a Retirement Community
Dispelling myths about paying for a Retirement Community By Penny Smith, RWC Vice President of Finance and Chief Financial Officer Q. What do you consider to be the top myth