Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Washington Post re: Retirement Communities
Old 11-01-2009, 07:16 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Purron's Avatar
Join Date: Nov 2007
Posts: 5,596
Washington Post re: Retirement Communities

Rather sobering article. Might be of interest to those considering retirement communities for themselves or for loved ones.
I purr therefore I am.
Purron is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-01-2009, 08:05 PM   #2
Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 1,183
YUP another case of buyer beware.
crazy connie is offline   Reply With Quote
Old 11-02-2009, 07:28 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
donheff's Avatar
Join Date: Feb 2006
Location: Washington, DC
Posts: 10,468
Yes it is. DW's parents are at an Erickson facility. It is independent from the development component of Erickson that is in chapter 11 but if the recession keeps new clients from joining things could eventually go south. For now they say they are fine but what would they say if they weren't?
Every man is, or hopes to be, an Idler. -- Samuel Johnson
donheff is online now   Reply With Quote
Old 11-02-2009, 08:32 AM   #4
Thinks s/he gets paid by the post
grumpy's Avatar
Join Date: Jul 2004
Posts: 1,321
Yep, sobering issues. My parents were in a continuing care community before they died and my father-in-law is in one now. Fortunately, he has the financial resources to cover any new fees or increases in monthly charges. At least in his community, most of the residents are quite old and in frail health, so they are not really worried about the long term trends. Sad.
grumpy is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
WSJ Article on Erickson Retirement Communities dwk Health and Early Retirement 4 10-24-2009 12:17 PM
Retirement Communities ohfrugalone Other topics 3 08-19-2008 02:33 AM
McGovern - an op-ed for The Washington Post Wags Other topics 22 01-07-2008 09:45 AM

» Quick Links

All times are GMT -6. The time now is 04:05 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.