For Financial Planners
Today’s retirees are a different generation — they are living longer, and are more active, than ever before. They look to their legal and financial professionals to ensure they have made a smart financial decision and have a plan for whatever the future brings – including the rising cost of healthcare.
For today’s retirees, a CCRC is a smart financial decision – they have guaranteed access to health care at a discounted rate right within their community, and a portion of the one-time entrance fee and monthly fee can be tax deductible. RiverWoods Manchester offers a unique Type B “Flex” contract that is the first of its kind in New England! This contract offers the choice to use the 70% refundable portion of the entrance fee to offset the cost of health care or to save as asset preservation. You have the flexibility to opt for predictability with cash flow or to save and distribute as you wish.