retirement

How to choose an assisted living facility

Retirement » Senior Living »How To Choose An Assisted Living Facility

Consider continuing care communities
Consider continuing care communities

According to Drelich, continuing care retirement communities, or CCRCs, are often the most economical choice for seniors.

Such properties offer a range of housing options with access to a continuum of long-term care services to meet the changing needs of residents.

As functional levels decline, residents move from independent units, to assisted care apartments to nursing home rooms with 24-hour care.

CCRCs charge a lump sum upfront that starts at around $200,000, but the monthly fees thereafter are less than you'd pay at a traditional assisted living facility, says Drelich.

Over time, she says, CCRCs can be more budget-friendly than making the transition on your own from independent housing, to assisted care, to a nursing home.

"These are a great concept," says Drelich. "They allow you to age in place."

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