How Much Does a CCRC Cost?

Senior group playing bocce ball

Continuing Care Retirement Communities (CCRCs), also known as Life Plan Communities, offer a unique blend of senior living, financial security and access to a full continuum of care.

This means you can enjoy an active, engaging lifestyle in independent living now, with the assurance that assisted living, memory care, skilled nursing, and rehabilitation are available if your needs change in the future.

But how much does a CCRC cost? While there’s no one-size-fits-all answer, we’ll break down the typical costs and explain how different factors can affect the price. By understanding the various expenses and benefits, you can make an informed decision about whether a CCRC is the right fit for your retirement goals.

Understanding Entrance Fees at CCRCs

Think of an upfront entrance fee as a one-time payment that secures your residence in a CCRC and provides access to a full continuum of care services for life. The cost of an entrance fee depends on several factors, including:

  • Residence Size and Style: Just like buying a home, the size and style of your chosen apartment or townhome will influence the entrance fee.
  • Location: Communities in desirable locations or areas with a higher cost of living may have higher entrance fees.
  • Amenities and Services: CCRCs that offer an abundance of amenities, such as pools, fitness centers, and fine dining, may have higher fees to cover these costs.

Financial Options at Wyndemere

Wyndemere offers two distinct financial options to suit your individual preferences and health care needs:

LifeCare® Choice Program

Our LifeCare® Choice program offers comprehensive health care coverage with unlimited access to our esteemed on-site health care services, providing you and your family  peace of mind.

Additionally, it ensures a 75% return on your initial investment to your loved ones, creating a lasting legacy for your family.


If you prefer a flexible approach to health care expenses, our fee-for-service plan allows you to pay only for the services you utilize while still offering an 85% refund on your entrance fee.

And to ensure you’re completely happy with your decision, we offer a 100% Satisfaction Guarantee. Should you decide Wyndemere isn’t the right fit within the first four months, we’ll gladly refund your entire entrance fee.

Monthly Fees: Your Key to an Exceptional Lifestyle

In addition to the one-time entrance fee, CCRCs like Wyndemere have monthly fees. These cover a wide range of services and amenities that make daily life more enjoyable and convenient.

Here’s what you can typically expect at CCRC:

  • Maintenance-Free Living: Say goodbye to raking leaves, shoveling snow or worrying about home repairs. Your community takes care of it all so you can focus on the things you love.
  • Dining Delights: Enjoy delicious and nutritious meals prepared by talented chefs in a selection of dining venues.
  • Utilities: Your monthly fee typically covers heat, air conditioning, water, electricity, and basic cable.
  • Transportation: Many communities offer scheduled transportation for errands, shopping trips, and appointments.
  • Social and Recreational Activities: From lectures and art workshops to happy hours and social gatherings, you’ll have plenty of opportunities to live vibrantly.
  • Wellness Programs: Access wellness programs, including fitness classes and health screenings, to support your physical and mental well-being.

Keep in mind that monthly fees also vary depending on several factors, including residence size and style, contract type, and additional services or fees, like a second-person fee.

Senior women enjoying group happy hour


The Financial Benefits of Choosing a CCRC With LifeCare

Beyond the entrance and monthly fees, there are several financial advantages to choosing a CCRC like Wyndemere, including:

Predictable Costs for Long-Term Care

One of the biggest financial benefits of a CCRC is knowing that your future care needs are covered at a predictable cost. This allows you to plan your finances with confidence, knowing that you won’t face unexpected expenses for senior care.

Protecting Your Assets

By paying a one-time entrance fee and predictable monthly fees, you’re essentially prepaying for future care at today’s rates. This can protect your assets from the rising costs of health care, allowing you to preserve your nest egg for other important goals.

Lower Cost of Living

While aging in place might seem like the more affordable option initially, it’s important to consider the long-term financial implications. As you age, home maintenance costs can escalate, and the need for in-home care can quickly add up.

At a CCRC like Wyndemere, you’ll enjoy predictable costs, a worry-free lifestyle, and access to care services whenever you need them. This allows you to focus on living your best life without the stress and uncertainty of aging in place.

Tax Advantages

In some cases, a portion of your entrance fee and monthly fees may be tax deductible as prepaid medical expenses. Consult with a financial advisor to discuss the potential tax benefits of a CCRC to gain full understanding of this tax advantage.

Senior man walking his dog

Live the Retirement You’ve Always Imagined at Wyndemere

Ready to explore the possibilities of a vibrant, engaging, and financially secure retirement at Wyndemere? We invite you to visit our beautiful community and discover the countless ways we can enrich your life. Our friendly team is happy to answer your questions and help you envision your future at Wyndemere.

Contact us online or call 630-755-5006 to schedule your visit and take the first step toward a fulfilling retirement.