If you’re a natural planner—and even if you aren’t—you may be wondering how to approach retirement planning, especially as it relates to your living situation. Particularly if you’re hoping to take some of the stress and cost out of your senior living equation, you may be considering moving into a Continuing Care Retirement Community (CCRC). But how much will this cost? Can you afford a CCRC? What is the best way to save for senior living?
Fortunately, you can avoid making costly mistakes when it comes to financial planning for life in a CCRC. Here are some of the most common mistakes seniors make in retirement planning and what you should do instead.
In general, the best way to avoid the financial pitfalls of preparing for senior community living is to start planning early, enlist the help of legal and financial advisors, and do your research. Steer clear of the following costly errors:
Chapel Pointe is a faith-based continuing care retirement community. We commit each day to serving and enhancing the quality of life for people aged 62+ in Central Pennsylvania. We’re honored that our greater community sees the servant-heart of our nonprofit organization and consistently selects Chapel Pointe as “The Best of Cumberland County.”
Nestled in eight beautifully landscaped acres in Carlisle, PA, our welcoming campus is filled with interesting places to explore and amenities that make life easy and enjoyable. Bird-watch from the gazebo, take a quiet moment in the chapel, curl up with a book in the library, join a friend for coffee in the sunroom, use the free internet in the café, take the shuttle for a daytrip, or just pull up a chair for some good conversation.
Since the beginning, our team's mission has been to ensure that every resident is treated with love and the utmost respect. Experiencing our core values—trust, integrity, faith, service, and innovation—lived out every day at Chapel Pointe reassures seniors that they are making the right decision by welcoming us into their lives. Contact us to learn more about our community or support our mission by making a donation today!
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770 South Hanover Street
Carlisle, PA 17013