Phil's Tax Hacks

Understanding Continuing Care Retirement Communities (CCRCS)

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As Baby Boomers and those on the cusp of retirement search for their next chapter, Continuing Care Retirement Communities (CCRCs) or Life Plan Communities emerge as a noteworthy option. In this episode, Phil sheds light on the key aspects you should consider when determining whether these communities are a suitable choice for your retirement.

 

Here’s some of what we discuss in this episode:

  • 1:40 – Some background on CCRCs
  • 5:28 – Questions to ask when considering a CCRC
  • 11:31 – Personalizing your living space + contracts
  • 15:25 – Is the CCRC accredited?
  • 17:12 – When should someone consider a CCRC?
  • 18:05 – Potential cons of a CCRC

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    Phil's Tax HacksBy Phil Putney
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