Rental vs. Life Care

A continuing care retirement community (CCRC) offers multiple levels of care in one location, so you can stay in a familiar setting even as your needs change. How you pay depends on the model you choose—rental or Life Care.

Rental Model

With the rental model, you pay a basic service rate based on the level of care you receive. For example, assisted living typically costs more than independent living. This flexible option lets you access the care you need—whether that’s assisted living, memory care or skilled nursing—on a month-to-month basis.

Life Care Model

Like The Life Care model includes a monthly service fee and a one-time entrance fee. In return, you receive lifelong access to care—even if your financial resources change in the future.* This option also helps lock in predictable costs for long-term care, which can make budgeting easier.

Life Care gives you the confidence that comes from knowing your care is already planned—so you can stay focused on enjoying each day. You won’t need to worry about moving, managing future costs or relying on family to make care decisions for you.

_{* The life care guarantee is subject to the terms & conditions of the Residency Contract.}

Which One Is Right for You?

RENTAL

A rental CCRC may be a great fit if you:

Prefer flexibility without paying an upfront entrance fee
Want to enjoy the comforts of one community, without the need to relocate as your needs change
Appreciate giving your family peace of mind know that you have the convenience of available care
Want to enhance your retirement with more choices in accommodations, services and amenities

LIFE CARE

A Life Care CCRC may be a great fit if you:

Plan to use funds from a home sale or other assets to cover the entrance fee
Prioritize long-term peace of mind with guaranteed care for life
Want to ease the future planning burden for your family
Value predictable, often discounted, healthcare rates
Want to take advantage of potential tax and estate planning benefits

Is Life Care Right for Me?