Continuing care retirement communities (CCRC) are on the rise as Baby Boomers enter into retirement. These communities have become a great place to live. The housing, social life, and long-term care plan all in one place carry a lot of appeal for some, but not all. We chat about what to look for in this type of community and what considerations people face when making the transition.
This can be a big financial commitment, so it's important to understand the financial structure. Does it require a large down payment or have a buy-back feature? What happens when your care needs change? Ultimately, you want your decision to coincide with your financial plan.
Here's some of what we discuss in this episode:
- Why are CCRCs so popular?
- What should you consider when picking a CCRC?
- What are the social benefits?
- How does a retirement community fit with your financial plan?
Episode Resources
Youtube video:
https://www.youtube.com/watch?v=-l_hgYZftVg
Attend an event:
https://mercurioadvisors.com/attend-an-event/
Get additional financial resources here: https://mercurioadvisors.com/podcasts/
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Two Guys, Five Rings: Matt, Bowen & The Olympics
Two Guys (Bowen Yang and Matt Rogers). Five Rings (you know, from the Olympics logo). One essential podcast for the 2026 Milan-Cortina Winter Olympics. Bowen Yang (SNL, Wicked) and Matt Rogers (Palm Royale, No Good Deed) of Las Culturistas are back for a second season of Two Guys, Five Rings, a collaboration with NBC Sports and iHeartRadio. In this 15-episode event, Bowen and Matt discuss the top storylines, obsess over Italian culture, and find out what really goes on in the Olympic Village.