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Real Estate
Reply to "Success stories for real estate purchases for people in their 60s and 70s?"
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[quote=Anonymous][quote=Anonymous]If a ccrc is on your radar, it’s imperative you find a place before your health declines drastically, or they won’t accept you. [/quote] My parents moved into Riderwood CCRC (owned by Erickson) about 3 years ago at 72 years oldand absolutely love it. I visit them all the time and while there is no mistaking that its a retirement communities--there are a ton of energetic, fit people there as well, including a few that haven't actually retired yet. Also, the above quote isn't strictly true. ADA and Fair Housing Act means that CCRCs cannot discriminate on the basis of disability. My mom, for example has been in a wheelchair full time for more than 10 years due to MS, preceding her move to Riderwood. But they can evaluate you in order to see if you're able to live there with "reasonable accommodations" and that you're not a danger to yourself or others. I'd suggest visiting a few. I can say its given me peace of mind as well as my parents age.[/quote]
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