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Eldercare
Reply to "Have your parents/loved ones had this experience in CCRC, AL, etc?"
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[quote=Anonymous]There have been some growing issues with CCRCs’ stability (stories initially reported in Bloomberg and WSJ, with some details accessible at links below): https://moneywise.com/retirement/elderly-couple-spent-840k-moving-into-retirement-home-that-went-bankrupt https://www.cozen.com/news-resources/publications/2025/hundreds-of-millions-lost-by-seniors-due-to-bankruptcies-filed-by-continuing-care-retirement-community-communities See also: https://www.cbsnews.com/news/continuing-care-retirement-community-bankruptcy-fee-refunds/ https://www.nytimes.com/2025/01/18/health/retirement-community-bankruptcy.html [/quote]
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