Continuing Care Retirement Communities, or CCRCs, are popular for many seniors. The fundamental benefit is that these facilities provide a continuum of care on one site, ranging from independent living to assisted living to skilled nursing. This offers residents peace of mind. If they need the next level of care, it’s usually just down the hall.

Financial Security

CCRCs offer various healthcare services that can adapt as the resident’s health needs change. Residents typically start in independent living and can transition into assisted living or skilled nursing care within the same community without a direct increase in their monthly fee since they have already paid for these services via their entrance fee. This gives seniors the security of knowing their long-term care needs are covered. It also eliminates many financial worries with homeownership, such as property maintenance, home insurance, utilities, food costs and tax expenses. CCRCs can be expensive but require an upfront entrance fee and monthly service fees. Those who decide to move into a CCRC should be well-prepared, including seeking guidance from a trusted financial advisor. This includes carefully examining the contract type, fee-for-service vs. a lump sum, and how fees are raised over time. In addition, the CCRC should have an actuary in place to ensure that the community has sufficient funds to meet its future healthcare obligations.

Peace of Mind

Many older adults move into a continuing care retirement community for peace of mind. They know they have all the options on the same campus if they need additional healthcare services. This eliminates the stress and uncertainty that comes with deciding what to do if a health crisis arises at home, and it relieves adult children of the responsibility of making these decisions for their aging parents. In addition, the upfront entrance fee guarantees housing and healthcare services. This eliminates the need to worry about unexpected and exorbitant healthcare costs when aging in place at home. It also allows seniors to focus on living a happy and healthy lifestyle in their loved community.

Physical Security

Continuing care retirement communities offer a continuum of housing and healthcare services, usually all on one campus. They also provide services that help seniors stay active and connected to their family, friends, and community. Seniors can enjoy maintenance-free living and an array of amenities, such as swimming pools, fitness centers, and dining facilities. They can also participate in social activities like playing cards, art classes, and book clubs. CCRCs also provide healthcare services, such as assisted living, memory care, and skilled nursing. This provides peace of mind for seniors and their families, as they know the healthcare they need is available in a familiar location. Many CCRCs charge an upfront entrance fee, while others operate on a rental or fee-for-service basis. Those who demand an entrance fee often refund a percentage of the price upon termination or death of the resident. This helps seniors and their families decide on the care they will need and want for the rest of their lives.


Continuing-care retirement communities prioritize residents’ long-term well-being by offering a full continuum of living and healthcare options within one community. This makes them a popular choice for seniors who want to live in a supportive environment without worrying about relocating if their health changes over time. Many CCRCs offer restaurant-style dining, interest-based social clubs, and other activities that foster connections among seniors. Often, these social opportunities encourage participants to discuss common interests such as books or gardening. In addition, CCRCs promote healthy lifestyles through exercise classes and recreational activities. CCRCs also provide residents access to healthcare through on-site nursing and therapy centers. Seniors interested in learning more about CCRCs can visit a community to learn more about their costs and amenities. Most CCRCs charge an entrance fee and monthly fees that guarantee housing and medical care. However, some CCRCs also offer rental contracts and equity agreements that require a lower upfront investment.