Top 10 Reasons To Move Into A Continuing Care Retirement Community In Denver
Continuing care retirement communities are similar to multi-level care communities, in that you can age in place. But they’re drastically different in how their pricing structures are set-up, and the $250,000 (or more) entry fee can put CCRCs out of the reach of many seniors.
There are a handful of continuing care retirement communities (CCRCs) in the Denver metro area.
Also known as “life care communities” and “life plan communities,” CCRCs operate on the principle that you pay a high entry fee when you move in, and then you’re set for life. Your monthly cost could be the same, no matter what level of care you require – independent living, assisted living, memory care, or skilled nursing. That’s the appeal…that no matter how unpredictable your health is, your costs are predictable, for the rest of your life.
Below are the top 10 reasons to move into a continuing care retirement community in Denver.
Reason #1: Predictable Costs
The main benefit of a continuing retirement community is that your monthly costs are predictable, for the rest of your life, no matter what your needs are. In a multi-level care community, you might pay $3,000 per month in independent living, $5,000 per month in assisted living, and $10,000 per month in skilled nursing. Whereas in a continuing care retirement community, you would pay $4,500 per month, no matter where you lived. Note that this is after you have given the CRCC a $250,000+ entry fee, and all of the numbers cited above are just examples. The entry fees and monthly fees can vary dramatically from one CCRC to another.
Reason #2: Age In Place
Another huge plus with continuing care retirement communities is that you can age in place. Once you choose your community, you’ll never have to move away. You might need to relocate to another building, but your friends and familiar places will still be close by.
Reason #3: Easy Transitions
The fact that everything you need is in one community makes transitions easier. If you’re in independent living but have surgery and need nursing care for a few weeks of recovery time, the skilled nursing facility is right there. If your personal needs increase, and you need to transition from independent living to assisted living, no problem.
Reason #4: Simple Living
Most people who move into CRCCs start in independent living and love the simpler lifestyle. No more home maintenance, repairs, or yardwork. Less bills to pay. Doctors and healthcare providers on-site or visit on a regular basis. In a CRCC, life becomes easier.
Reason #5: Meals And Snacks
Meals and snacks are provided in continuing care retirement communities, so cooking becomes optional, not something you have to worry about.
Reason #6: Activities
Continuing care retirement communities are typically large communities, with residents who are involved in planning activities. There are lots of scheduled activities and events every month, both inside and outside the community.
Reason #7: Socialization And Lifelong Friends
Hundreds of residents and a slate of activities combine to give you built-in opportunities for socialization. In a continuing care retirement community, new acquaintances, companions, and friends will be easy to make and keep, even if you move to another area of the campus.
Reason #8: Skilled Nursing On-Site
It can be handy to have skilled nursing services on-site, long before you need to move into a skilled nursing facility. In a continuing care retirement community, your varied health care needs can be taken care of on-site.
Reason #9: Pro-Active Decision
Choosing to move into a continuing care retirement community is a pro-active move. Once the choice is made, you’re set. You can move in and know that you’ll have the support and care you need, for the rest of your life.
Reason #10: Peace Of Mind
Knowing that your needs will be met – at a predictable monthly cost – can provide an incredible peace of mind, for you and your family.
Click in order to see a list of continuing care retirement communities (CCRCs) in the Denver metro area.
For more information, see these related topics:
Top 10 Reasons To Move Into Independent Living in Denver
Top 10 Reasons To Move Into Assisted Living in Denver
Top 10 Reasons To Move Into A Residential Care Facility in Denver
Top 10 Reasons To Move Into Memory Care in Denver
Top 10 Reasons To Move Into A Multi-Level Care Community in Denver
Top 10 Reasons To Move Into A Nursing Home in Denver
Top 10 Reasons To Use An In-Home Care Agency In Denver