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The sales pitch is hard to resist for folks like yourself who plan ahead. We have had some experience with a CCRC in Nashville, TN. The issue we ran into was simply the organization was very ready to move folks from one level of care to the next. Since they rent in Assisted was greater than Independent and the Nursing Home costs exceeded Assisted, I can see a motivation for such moved.

The person we are responsible for eventually left the Assisted part of the program, because they were forcing her into the skilled nursing unit. Hilda did not want to share a room or be confined to a hospital bed. She has managed quite well for over 5 years in another Assisted facility.

Lastly I worry about any place that to use your words, they can't throw you out even if you run out of money 20 or 30 years from now. Any private facility has to complete in the market place -- i.e. there is a limit to what they can charge the paying customers. So at the end of the day, they will have to limit the funds they spend taking care of folks who "run out of money" or else everybody is going to be sitting on the curb.

The Long Term Care Insurance industry made some serious actuarial errors and has burned a lot of people who bought lower cost policies in the early 90s. I would be very cautious and consider alternative options to cover running out of money. Maybe single pay annuities. Yes there will be less for your estate, but you will have monthly funds for life. You can also, all be it expensive, but unlimited LTC policies.

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