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CCRCs Often Viewed as a Gift to the Children

December 23, 2022

“It’s the best gift my parents could have possibly given us at this stage of life.” Comments like this are common among adult children whose parents live in continuing care retirement communities (CCRCs) such as Army Residence Community (ARC), sometimes referred to as life plan communities.

Research reveals that family members who care for an aging loved one often experience clinically significant signs of depression, have less time available to spend with friends and other family members, and sacrifice financially by taking time away from their careers or retiring early.

It’s no wonder then that those whose parents are happily living in a continuing care retirement community consider it a gift. A study of 3,700 family members of CCRC residents revealed that 93% feel that the CCRC is providing good services to their loved ones and 77% would be likely or very likely to consider a CCRC like the ARC for themselves in the future.

Cited as the most important features of the community were transportation services, availability of a fitness center, housekeeping services, walking or biking paths, emergency call systems, and the availability of assisting living and healthcare services.

Of course, whether you are considering the ARC for yourself or a loved one, finding the right fit requires doing proper research and due diligence. Contract details and pricing can vary dramatically from one provider to another. It is important to be sure that the community you are considering is a good match for your lifestyle, finances, and cultural preferences, and that it is well-managed, both operationally and financially.

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