Anonymous wrote:Can anyone give a ballpark estimate of what a couple would need financially (in terms of both income and assets) in order to get into a decent-or-better continuing care retirement community in Montgomery County (or nearby), the kind where they will not kick you out as you start needing more care even if you eventually run out of money? (And does what they ask for vary by age? If so, we're talking early/mid-70s.)
Also, is it true that they will not accept you if your health isn't good enough? If so, how do they assess that and what kinds of things would cause them to turn you away?
I'm also interested in responses here. Also interested if anyone has insights on how to estimate for the future. My ILs drastically underestimated what they would need. Think they assumed that they would always be able to share a room as their parents did, but now is clear that MiL will not do that and FiL needs round the clock attention though not care. If at all possible, I don't want to put my kids in that situation as we will soon be with DH's parents.