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A continuing care retirement community (CCRC), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3]
While new retirement communities have developed in various areas of the United States, they are largely marketed to older adults who are financially secure. Lower income retirement communities are rare except for government subsidized housing, which neglects a large proportion of older adults who have fewer financial resources. [11]
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Dreamland Villa is a retirement community situated in Maricopa County, Arizona, United States. [2] [3] It was one of the first retirement communities built in Arizona. [4] Begun as a development in 1959 by Ross Farnsworth, within fifteen years it encompassed 3000 homes. [5] It has an estimated elevation of 1,371 feet (418 m) above sea level. [1]
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Read more: Suze Orman says Americans are poorer than they think — but having a dream retirement is so much easier when you know these 3 simple money moves Safe zone for sleeping
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