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Ecology of Money

Continuing Care Retirement Communities: A Primer

Contributor John Wasik covers the basics for those thinking about whether a continuous care retirement community is right for them.

When you look outside of your own area for a retirement locale, there's nothing more complicated than picking the right community. I've thought about it often--for my wife and I and for others--but it never gets any easier.

For a growing number of Americans, the idea of a continuing care retirement community holds considerable appeal. In one setting, you can shift from independent living to nursing care as your healthcare needs change. You can also live there with a spouse or partner.