Selecting an Entrance Deposit (Buy-In) vs. a Month-to-Month Rental
Choosing a Month-to-Month Rental Versus a Buy In (Entrance Deposits) in Senior Housing
It is important to understand the difference between selecting a month-to-month rental choice versus selecting an entrance deposit at a Continuing Care Retirement Community.
Rental communities offer no protection for the future…what if you live there for eleven years and deplete your assets? If you can’t make your monthly fee – you would be asked to leave! There is no long-term contract with you.
Only a few Continuing Care Retirement Communities offer a guarantee of care for the rest of your life if you outlive your resources. What incredible peace-of-mind this provides for residents and their family members.