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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My plan for when I hit retirement is to buy a small unit with lifetime continuing care in a retirement complex and a second house or condo somewhere either for winters (six months in Florida) or coastal New England (five months in spring to fall). When the time comes, I can sell the second property and upgrade the unit to a bigger 2-bedroom and live there full time. But I will have a foot in the door so they can't kick me out if I suddenly start declining, physically or cognitively. I am single, will always be single so no spouse to help take care of me. I want the guarantee of lifetime care no matter what happens. Yes, expensive, but I can make it happen. This plan is based on what good friends of my parents have done.

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CCRCs are the way to go---good goal to be able to get in.  If you can afford one, it's the best way to know you will be well taken care of.  Paid entry fee to get my parents in (they have enough to qualify minus the entry fee).  Best thing we ever did.  They are a distance from us and refused to move closer.  This way they are well taken care of and should they need more than independent living, it will seamlessly happen, and will not cost them (or us) a penny more---that's what the huge entry fee is for.  Best part is, even if they "run out of money", the CCRC will still continue service---you are guaranteed to live your life there and they do NOT touch your monthly SS.   Most who have run out of money are women over 95---there are 4 of them currently living there who pay nothing each month, husbands have long since died.  2 are still in independent living, the other 2 are in assisted living.

If you plan well it can happen---my parents are not wealthy.  But made it happen. [/quote]

Do you have any numbers to share?  Which CCRCs are you talking about?  What's the entrance fee? monthly cost? etc.[/quote]

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