Analysis of information sources in references of the Wikipedia article "Continuing care retirement communities in the United States" in English language version.
Footnote 1. The term CCRC was first coined by Mr. Walter Shur, former Chief Actuary of New York Life Insurance Company, in a Pension Research Council textbook that I co-authored in 1981.
Imagine hunting for a new home, making high-stakes health care decisions and negotiating a complex business deal—all at the same time. That's the challenge facing seniors considering a move to a continuing-care retirement community.
More than three-fourths (76.6%) of respondents said their communities had increased entry fees in the past two years, and 87% of respondents said they plan to increase entry fees over the next two years.