Download or read book Continuing Care Retirement Communities written by Howard E. Winklevoss and published by CreateSpace. This book was released on 2014-06-16 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continuing Care Retirement Communities. First published in 1984. "Today there are about 275 continuing care retirement communities (CCRCs) in the United States where some 90,000 elderly people (average age about 80) live independently in their own apartments but have the opportunity for eating together, group recreation, and other activities that comes from being part of an organized community. Most important, in addition to having immediately available a variety of health and social services which they can call on according to their desires and needs, the residents have a virtual guarantee that they will be adequately taken care of no matter what happens to their health. The fear of someday being a burden on relatives or friends or of finding oneself helpless among uncaring strangers is effectively removed. It is this health care guarantee that principally distinguishes CCRCs from other retirement communities. CCRCs provide insurance against the cost of long-term care, and supplement coverage of acute health care costs paid for largely by Medicare and private insurance. Their unique feature is that they provide this otherwise unobtainable full insurance in combination with independent living arrangements that the resident can enjoy as long as health permits. CCRCs are intended to be fully self-supporting, and therein lies the origin of this book. The study is the first detailed analysis of the actuarial, financial, and legal issues involved in keeping existing CCRCs financially sound and providing for the formation of new communities in ways that protect the rights of residents while assuring the perpetuation of the community. CCRCs provide essentially a new form of insurance, but until now this type of insurance has not been subjected to rigorous examination. It is fortunate that such an examination has begun, and it is to be hoped that this book will be followed quickly by other work in the field. The members of the Advisory Committee who worked closely with the research team believe that the CCRC field may be on the threshold of a major expansion, principally because for the first time large numbers of older Americans will be able to meet the cost. The financing method combines a sizable entrance fee (average $35,000 single and $39,000 couple at the time of the study) with a monthly payment which is adjusted from time to time for inflation and occasionally other factors (average $600 single and $850 couple). About 70 percent of older people now own their homes, and in many cases they have enough equity in those homes to meet the required entrance fees. And inflation-proof Social Security plus some additional income from private pensions and investments can form a basis for meeting the monthly fee for many older people, although undoubtedly considerably less than a majority. It is true that many who can afford CCRCs will nevertheless prefer other retirement arrangements, but for a considerable number the full health insurance, including long-term care, combined with independent living in a community setting will make CCRCs attractive. On behalf of the other 12 members of the Advisory Committee, I wish to commend the research team-Howard E. Winklevoss, Ph.D., project director; Alwyn V. Powell, MAAA; David L. Cohen, Esq.; Ann Trueblood-Raper; and Amy R. Karash-for their efforts to address the comments and suggestions of the Advisory Committee throughout the past 18 months and for diligently pursuing the research which has produced this book. We also wish to thank Dr. Dan M. McGill, who served the study as consultant to the research team and as chairman of the Wharton School Insurance Department and the Pension Research Council. It is our hope that the book will be useful to public policymakers, to corporations and foundations with an interest in older people and their health, to the financial community, and to potential sponsors of CCRCs."

Download or read book Senior Living Communities written by Benjamin W. Pearce and published by JHU Press. This book was released on 2007-12-10 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demand for residential communities for seniors rises as the U.S. population continues to age. This growth means that new administrators and staff members often are learning by trial and error the complicated task of delivering high-quality and consistent services to elderly persons. While many new facilities have been successful, others have been plagued by a variety of administrative and financial difficulties. Senior Living Communities remains the definitive guide to managing these facilities. In this thoroughly updated and revised edition, Benjamin W. Pearce offers a wealth of sound advice and practical solutions. He discusses resident relations, operating methods, staffing ratios, department management, cost containment, sales and marketing strategies, techniques of financial analysis, budgeting, and human resources. New chapters address issues particular to dementia care and architecture, and the appendix contains a department-by-department audit of senior living operations. From the front lines to the boardroom, this book should be a part of every decision-making process for improving and maintaining assisted living, congregate, and continuing care retirement communities.

Download or read book A Gude To Continuing Care Communities written by Bernice Hunt and published by Square One Publishers, Inc.. This book was released on 2013-04-30 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a complete guide to one of the most popular retirement options—Continuing Care Retirement Communities (CCRCs)—where you can enjoy life to the fullest, knowing that if you become ill, you’ll receive all the care you need. It explains what CCRCs are, how they operate, and what they offer. You’ll learn what to look for, what to steer clear of, what you have a right to expect, and how you can best make the transition when you move.

Download or read book Continuing Care Retirement Communities written by Ian Morrison and published by Routledge. This book was released on 2013-10-08 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is the first detailed study of the economic, social, and administrative implications for the establishment of continuing care retirement communities (CCRCs). Leaders in the field of optional living arrangements for the elderly examine models of continuing care retirement communities throughout the United States. A wide range of sometimes conflicting views are vigorously discussed--by proponents of continuing care communities as well as by representatives from states that do not allow the existence of such institutions. Other intensely debated topics include existing and recommended financial and legal regulations of the industry; legal, financial, and ethical implications of continuing care communities; and a sociohistorical overview of the concept of continuing care.

Download or read book What s the Deal with Retirement Communities written by Brad Breeding and published by People Tested Books. This book was released on 2017-06-04 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: THIS IS THE NEWLY REVISED SECOND EDITION TO THE BEST SELLING BOOK ON RETIREMENT COMMUNITIES Are you or a loved on considering a retirement community, but are confused about the various alternatives? Perhaps you would prefer to age at home but question whether it is practical and feel that exploring all of your options is a sensible exercise. If so, then you have chosen the right place to start by picking up this book! Based specifically on popular questions that noted expert on retirement communities and Amazon best-selling author, Brad Breeding has received from older Americans and their adult children, this newly updated and enhanced edition of "What's the Deal with Retirement Communities?" is designed to be the first step in your research process - providing answers in a simple and concise fashion. In this book, you will learn what you need to know about the retirement living landscape including: - The importance of planning ahead for the later phases of retirement - What must you consider when deciding between at-home care and a community? - What defines a retirement community? - How to distinguish one type of retirement community from another - The relationship between retirement communities and long-term care services - What does long-term care cost? - Payment and contract structures for retirement communities

Download or read book Continuing Care Retirement Communities in Connecticut A Directory written by Robert M. Keller and published by Lulu.com. This book was released on 2010-06-08 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains data from 17 Continuing Care Retirement Communities (CCRC) in Connecticut. Data includes, for each CCRC facility: '¢ Name, Address, Web Page and Email Address '¢ Average, Minimum and Maximum Entrance Fees, Low, Medium or High Price, For Single or Double Occupancy '¢ Average Monthly Fees, Low, Medium or High Price, For Single and Double Occupancy '¢ Average Refunds and Discounts, For Reduced Refunds or FFS Health Care '¢ Provisions for Assisted Living, Nursing Care or Fee-For-Service Health Care '¢ Organization: Church/Faith Based, Not-For-Profit, For Profit, Cooperative '¢ Amenities: Wellness Clinics, Exercise Rooms, Swimming Pool/Hot Tub '¢ Provider: Self or External '¢ State Registration or CCAC Accreditation

Download or read book Continuing Care Retirement Communities written by Bernice Hunt and published by . This book was released on 2003 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn from the inside out, all about Continuing Care Retirement Communities. Bernice Hunt, M.S., with her husband, moved to one a few years ago and her book tells you everything you need to know about the retirement life style that gives you security even if your health fails. Learn what CCRCs are, how they work, how to find the best ones, what to look for, what kind of contract is best for you. Enjoy the detailed and often amusing journey the Hunts took in their quest for the perfect way to spend their retirement years.

Download or read book The Financial and Estate Planner s Guide to Continuing Care Retirement Communities written by Virginia Traweek and published by . This book was released on 2013-08-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Continuing care retirement communities (called "CCRCs" by industry insiders) are retirement communities that offer multiple living options (independent living, assisted living, and nursing). In exchange for an entrance fee and ongoing monthly fees, CCRC's agree to care for residents for the rest of their lives. Written by a former senior housing consultant, "The Financial & Estate Planner's Guide to Continuing Care Retirement Communities" is a planner's overview of the popular senior housing product. The book shows you: - What services are offered for seniors - How to find communities in your area - How to conduct online searches for community information - How to read resident contracts and community disclosure statements - How to value CCRC contracts and analyze benefits - Why some communities go bankrupt - Some warning signs for potential residents of CCRCs The book also includes several sample pages for client planning sessions and an introduction to the Microsoft Excel formulas used to create the book's analyses. Your client deserves the best advice when choosing his/her retirement community. "The Financial & Estate Planner's Guide to Continuing Care Retirement Communities" will walk you through the entire process in simple, easy-to-understand language! Note: There is significant overlap between this book and "Continuing Care Retirement Communities: An Insider Tells All." If you prefer a less technical explanation of senior housing, you might select this edition instead.

Download or read book Continuing Care Retirement Communities CCRCs written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 2010 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Health Care Services written by United States. General Accounting Office and published by . This book was released on 1997 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Senior Residences written by John E. Harrigan and published by John Wiley & Sons. This book was released on 1998-04-02 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive framework for capitalizing on the growing market for Continuing Care Retirement Communities. Senior Residences equips architects and other industry professionals with a proven executive strategy for the design and development of successful Continuing Care Retirement Community (CCRC) projects. Using two of America's foremost CCRCs as best practice case studies, it guides readers through every critical aspect of the process, from research and planning through construction, including: * The enterprise concept * Formation of an executive organization * Financial and legal due diligence * Marketing and sales preparation * Residents' expectations and requirements * Healthcare and residential services * The design and build process * Project monitoring and assessment The over-65 population is increasing rapidly and dramatically, raising crucial concerns about the housing and care of senior citizens in the years ahead. How can we provide the best possible quality of care to the elderly? How can architects, developers, and others capitalize on the growing senior housing industry and stay competitive in the future? How can the facilities they create deliver both good service and strong financial returns? While there are no easy answers to these important questions, the Continuing Care Retirement Community (CCRC) model has emerged as a flexible and attractive option for providing combined housing, services, and nursing care to the elderly. Senior Residences equips architects and other industry professionals with a comprehensive, three-part strategic framework for designing and developing successful CCRC projects. Part I identifies the eight critical success factors of a CCRC enterprise and illustrates them through an in-depth examination of two exemplary developments, The Cypress of South Carolina's Hilton Head Island and The Stratford in the San Francisco Peninsula. Part II details a computer-based "standard of performance" system to track progress and assess project performance. Finally, Part III examines how to use different types of research to stay on top of market trends and forecasts, legal and licensing requirements, and more. Together, the three elements of this executive strategy cover every aspect of the development process, from the initial enterprise concept and executive organization building to financial and legal due diligence, marketing and sales, residents' services and healthcare, and design and build. Readers gain essential guidance in tackling key project management issues as well as in developing effective problem-solving and troubleshooting skills. Written by an author team with extensive CCRC experience, Senior Residences helps encourage avenues of thought that will lead to more cohesive, responsive, and successful CCRC projects that benefit the professionals who build them and the residents who live in them.

Download or read book Continuing Care Retirement Communities written by Phillip G. Moore and published by Nova Science Publishers. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the risks and benefits of Continuing Care Retirement Communities (CCRC). CCRCs can benefit older Americans by allowing them to move among and through independent living, assisted living, and skilled nursing care in one community. They offer a range of contract types and fees that are designed to provide long-term care and transfer different degrees of the risk of future cost increases from the resident to the CCRC. Developing CCRCs can be a lengthy, complex process that requires significant long-term financing and accurate revenue and cost projections. Once operational, risks to long-term viability include declining occupancy and unexpected cost increases. While few CCRCs have failed, challenging economic and real estate market conditions have negatively affected some CCRCs occupancy and financial conditions.

Download or read book Find the Right Ccrc for Yourself Or a Loved One written by Ruth Alvarez and published by CreateSpace. This book was released on 2013-10-07 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Amazon review: I read this book last May when I was thinking about moving to a CCRC. The information was invaluable and I will be moving to a CCRC this month. Retired real estate agent, Ruth Alvarez explains everything you need to know about choosing a Continuing Care Retirement Community. This is the large print second edition.

Download or read book Continuing Care Retirement Communities in Massachusetts A Directory written by Robert M. Keller and published by Lulu.com. This book was released on 2010-06-08 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information on Price and Monthly Fees, Asset Preservation and Long-Term-Care Coverage. Average, Minimum and Maximum Entrance Fees, Single or Double Occupancy, Average Monthly Fees, Single or Double Occupancy, Refunds and Discounts, where offered, Faith-Based, Non-Profit, For-Profit, Cooperative, Long-Term-Care Options, State Registration and Accreditation. 24 facilities in Massachusetts. 42 pp.

Download or read book How to Age in Place written by Mary A. Languirand, Ph.D. and published by Ten Speed Press. This book was released on 2013-09-03 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first authoritative and comprehensive guide to "aging in place"--a burgeoning movement for those who don't want to rely on assisted living or nursing home care--which allows seniors to spend their later years living comfortably, independently, and in their own home or community. For millions of Americans, living in a nursing home or assisted living facility is not how they’d prefer to spend their retirement years. This is why more and more people are choosing to “age in place.” In this empowering and indispensable book, clinical psychologists and aging specialists Mary Languirand and Robert Bornstein teach readers how, with planning and foresight, they can age with dignity and comfort in the place of their own choosing. How to Age in Place offers useful, actionable advice on financial planning; making your home physically safe; getting around; obtaining necessary services; keeping a healthy mind, body, and spirit; and post-retirement employment. A necessary resource for seniors, their adult children, and eldercare professionals, How to Age in Place is both a practical roadmap and inspirational guide for the millions of seniors who want to make their own decisions and age well.

Download or read book Continuing Care Retire written by Howard E. Winklevoss and published by . This book was released on 1991-05-01 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Can I Retire Yet written by Darrow Kirkpatrick and published by StructureByDesign. This book was released on 2016-05-20 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: You've worked hard, lived carefully, and saved diligently. You've reached major milestones and accumulated more assets than you dreamed possible, and yet you hesitate. ""Can I retire?"" This book will help answer that question by showing you.... The tools you need to live a secure and independent retirement, without worrying about money What you must know before leaving a career behind How much it will cost you to live in retirement, and how to manage your cash flow The current choices for retirement health care, including lesser-known but effective options The threat from inflation: two secrets that politicians and bankers will never admit A realistic assessment of the impact that income taxes will have on your retirement Social Security's role in your retirement: when you should claim and how much it's worth to you How to construct and manage an investment portfolio for income and growth in retirement About immediate annuities and why you need multiple sources of retirement income The key variables and unknowns in your retirement withdrawal equation Reviews of the best retirement calculators, and tips for how to use them accurately Beyond the simplistic 4% Rule to the latest research on safe withdrawal rates Realistic bracketing of your retirement savings needs, without over caution or overconfidence The history of economic cycles and the related asset classes for optimal retirement security A survey of strategies plus original research for how to orchestrate your retirement distributions A practical "retirement fuel gauge" alerting you to problems while you still have time to act Backup plans: the "lifeboat strategies" for ensuring you'll never be without essential income The 6 crucial questions to answer before you can retire The one, simple, powerful, non-financial reason that you can and should retire earlier than later