Your Money & Your Life Podcast

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What You Need to Know About Continuing Care Retirement Communities

April 15, 2021

Are you or someone you know considering living in a retirement community? What should you know ahead of time? What kind of costs might come with that?

 

Read more and get additional financial resources here: https://doncashpodcast.com/podcast/what-you-need-to-know-about-continuing-care-retirement-communities/ 

 

What we discuss on this episode: 

0:37 - Spring has sprung!

1:57 - Senior living communities struggling financially.

5:14 - What if you don’t like it?

6:24 - How has COVID affected these communities?

8:18 - Are people usually satisfied living in these communities?

10:15 - What suggestions does Don have when considering a CCRC?

12:24 - What questions should you ask and assess?

18:50 - Cash Connection: Collecting Social Security as a widow?

22:51 - Getting to Know You: What did Don do with some raffle winnings?