CCRCs Often Viewed as a Gift to the Children

 

When my wife and I decided to move into a C.C.R.C., just before Christmas, we told each of our six children that our decision represented the most significant gift we had ever given them.”

The above comment was given by a resident at a continuing care retirement community for an interview in a 2009 article for the New York Times titled, “The Bright Side of C.C.R.C.s.Comments like this are common among residents of CCRCs (Continuing Care Retirement Communities), sometimes referred to as life plan communities.  

Research reveals that family members who care for an aging loved one often experience clinically significant signs of depression, have less time available to spend with friends and other family members, and sacrifice financially by taking time away from their careers or retiring early. It’s no wonder then that those who are happily living in a continuing care retirement community consider it a gift.

From the standpoint of the adult children, it is evident that they feel the same way. Not just because it reduces the burden on them, but also because they are happy with how their parents are being taken care of. A study of 3,700 family members of CCRC residents revealed that 93% feel that the CCRC is providing good services to their loved ones and 77% would be likely or very likely to consider a CCRC for themselves in the future. Cited as the most important features of the community were transportation services, availability of a fitness center, housekeeping services, walking or biking paths, emergency call systems, and the availability of assisting living and healthcare services.

Of course, whether you are considering a CCRC for yourself or a loved one, finding the right fit requires doing proper research and due diligence. Contract details and pricing can vary dramatically from one provider to another. It is important to be sure you that the community you are considering is a good match for your lifestyle, finances, and other preferences, and that it is well-managed, both operationally and financially.

The above article was written by Brad Breeding of myLifeSite and is legally licensed for use.