A Continuing Care Retirement Community (CCRC), sometimes called a Life Plan Community, bundles independent living, assisted living, memory care and often skilled nursing on one campus, usually behind an entry fee, so a couple with different care needs can stay together as those needs change. A standalone assisted living community is simpler to enter -- typically no entry fee, month-to-month or annual agreements -- but does not guarantee a spot at a higher care level later.
Entry-fee structure
CCRC entry fees in the Twin Cities vary widely by campus and contract type, and refundability terms (fully refundable, declining-balance, or non-refundable) differ by community. Get the contract's refund schedule in writing and have it reviewed before signing -- this is a six-figure decision for many families.
When standalone is the more flexible choice
Standalone assisted living is usually the better fit for a family that wants to avoid a large upfront entry fee, is not sure how long a parent will need care, or is choosing under time pressure such as a hospital discharge. See our directory for verified options across the metro.