The vast majority of Continuing Care Retirement Communities require an entry fee. Naturally, people often ask, “What is the purpose of the entry fee?” Before answering this question it is helpful to understand the history of entry fees. The CCRC concept began about a...

Planning Updates
Planning updates from Friends Village
CCRCs: The Purpose of Entry Fees
The vast majority of Continuing Care Retirement Communities require an entry fee. Naturally, people often ask, “What is the purpose of the entry fee?” Before answering this question it is helpful to understand the history of entry fees. The CCRC concept began about a...
How CCRCs can help couples stay together as they age
About 70 percent of people over the age of 65 will need some type of long-term care during their lifetime, according to the U.S. Department of Health and Human Services (DHHS)1. On average, women will need care for a longer period of time (3.7 years), compared to men...
How CCRCs can help couples stay together as they age
About 70 percent of people over the age of 65 will need some type of long-term care during their lifetime, according to the U.S. Department of Health and Human Services (DHHS)1. On average, women will need care for a longer period of time (3.7 years), compared to men...