I had to retire young from a Federal job (that I loved) due to a permanent health condition. I moved into a CCRC 13 years ago. It works wonderfully for my situation. However, I have a lingering question: I live in the independent living section. I don't need the help yet that assisted living offers. I am turning 75. Financially, does it make more sense to exercise the option to convert my "rent" now so I am paying towards my future care here, or keep my assets growing in my investments with my financial planner, who knows the health/CCRC situation? I don't know what percent of a conversion goes towards future assisted living and wouldn't get interest from the CCRC's investments of my conversion. Your thoughts?
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I had to retire young from a Federal job (that I loved) due to a permanent health condition. I moved into a CCRC 13 years ago. It works wonderfully for my situation. However, I have a lingering question: I live in the independent living section. I don't need the help yet that assisted living offers. I am turning 75. Financially, does it make more sense to exercise the option to convert my "rent" now so I am paying towards my future care here, or keep my assets growing in my investments with my financial planner, who knows the health/CCRC situation? I don't know what percent of a conversion goes towards future assisted living and wouldn't get interest from the CCRC's investments of my conversion. Your thoughts?
Post: Distance from family: inconvenience…or a financial planning blind spot?
Link to comment from January 3, 2026