Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 2
Of course, short-notice availability in a desired facility is a major consideration in postponing an actual move.

The CCRC we visited on Monday has over 400 people/couples on the waiting list. At any given time, only a relatively small percentage are actively desiring to move, so the CCRC simply skips over them and goes to the next person who has indicated that they are ready to move. The current estimated wait for someone who wants to move immediately and who just got on the waiting list is about 5 years. The most expensive residences take a little less time. They don't take direct admits to assisted care or skilled nursing. Based on my reading and personal experience with family members and parents of close friends, the waiting time to get into a nicer assisted care or skilled nursing place is at least a year, sometimes 2 or 3 years. The Medicaid only skilled nursing homes have a much shorter waiting time, but many/most of those places aren't exactly nice places to visit, much less live. The bottom line is that it's very hard to make quick moves when an acute event takes place, thus making it necessary for someone to provide 24-7 home care until an appropriate slot opens somewhere. For those who haven't looked into the costs, it costs a fortune to have 24-7 home care, and it's not easy to arrange so as to have reasonable quality caregivers. Many folks simply can't afford to move into any type of place, so planning in advance might not be worth the effort. It's a hard world out there, so good luck to us all.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.