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?