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According to a recent survey, a third of Americans 40 and older have done no planning for their long term care needs. They don’t want to think about what the future might bring; however, this “wait and see” approach to life can leave you unprepared for unpleasant surprises. Conversely, “planners” organize in advance for all possibilities – both good and bad. By considering the future, planners protect both themselves and their children from having to assume that responsibility later on.
The odds are great that you or someone you love will need long term care. The need for long-term skilled nursing care is generally instigated with a health crisis of some kind. Stroke, heart attack, or a variety of diseases can strike without warning, creating a need for immediate 24-hour care.
Diseases that progress gradually, such as Alzheimer’s or Parkinson’s, may also require care and, while the onset may be gradual, the decision to seek long term care is often precipitated by a crisis of some kind. Even a planned surgery, such as a hip or knee replacement, can require follow-up, long-term, skilled nursing care. The cost of this care can be staggering, and around-the-clock home care for a licensed home health aide or private nurse may be overwhelming.
Don’t leave these important matters undecided. As you thoughtfully plan for the future, make these decisions now, and take charge of your own life. Begin by attending an educational seminar about options for retirement living, hosted by one of Shell Point’s expert retirement counselors. Call (239) 441-2224 to sign up for a session that is convenient for you.
Since its founding in 1968, Shell Point Retirement Community has provided full lifecare as its primary continuing care product to thousands looking for worry-free retirement. Learn more about Shell Point’s lifecare contracts at www.shellpoint.org/lifecare.
Making the decision between aging-in-place or moving to a senior living community is one of the most important choices youll make. This guide provides an overview of both options to help you determine the best choice for your future.
In the U.S., Continuing Care Retirement Community (CCRC) fees are generally not fully tax-deductible. However, some portions of the fees might be, depending on how they are structured.Heres how it typically breaks down:1. Monthly Maintenance Fees:These fees usually cover services such as meals, housekeeping, maintenance, and security. These are typically not deductible as medical expenses.2. Medical or Health-Related Fees:If part of your CCRC fees goes toward medical care (for example, nursing care or rehabilitation services), that portion may be deductible as a medical expense. The IRS allows you to deduct medical expenses that exceed 7.5% of your adjusted gross income (AGI), but you need to keep detailed records to substantiate the medical portion of the fees.3. Entrance Fees:The upfront, lump-sum entrance fee or buy-in that you pay when you move into a CCRC is typically not deductible. However, if any part of the entrance fee is allocated for healthcare services, that part could potentially be deductible if it meets the criteria for medical expenses.4. Long-Term Care Insurance Premiums:If you are paying for long-term care insurance as part of your CCRC arrangement, those premiums may be deductible as a medical expense, depending on your age and the IRS guidelines for that year.To determine what part of the fees, if any, might be deductible, its a good idea to:Keep records of your payments and the breakdown of what they cover.Consult a tax professional who can guide you based on your specific situation and any changes to tax laws.Tax laws can vary, so its always best to get tailored advice.
Yes, Continuing Care Retirement Communities (CCRCs) often offer pickleball as part of their recreational and wellness programs. CCRCs are designed to provide a range of care options, from independent living to assisted living, memory care, and skilled nursing, all within one community. Because many CCRCs prioritize the health and well-being of their residents, they often include amenities that encourage physical activity and social engagement, and pickleball fits that criteria perfectly.Heres why pickleball is commonly available in CCRCs:Active Lifestyle: Since many CCRCs cater to seniors who are still able to live independently or semi-independently, they tend to offer a variety of activities to keep residents active and engaged. Pickleball is especially popular in these communities because its easy on the joints, yet provides a great cardiovascular workout and promotes mobility.Wellness Focus: CCRCs usually have a strong focus on wellness and holistic health. This includes offering fitness programs, outdoor activities, and sports like pickleball, which encourage physical exercise and social interaction.Socialization: Pickleball is a great way for residents to meet others, socialize, and stay mentally sharp, which are important aspects of life in a CCRC.Adaptability: Many CCRCs have facilities that can adapt to various levels of physical ability. They may offer different levels of play, from casual matches to organized tournaments, and may even provide training or coaching for those new to the game.Some examples of CCRC amenities where pickleball is commonly offered include:Outdoor pickleball courts (sometimes shared with other recreational activities)Indoor courts for all-weather playPickleball leagues or tournaments for residents to compete or socializeTo find a CCRC that offers pickleball, its best to inquire directly with the community youre interested in to confirm what recreational activities they provide. Many larger, more upscale CCRCs are likely to have pickleball courts, given the popularity of the sport.For more information, please go to: www.seniorhousingsolutions.net
Assisted Living at The Springs at Waterside at Shell Point offers a premier senior living experience in the heart of Southwest Florida. With 105 private residences, The Springs provides a comfortable and supportive environment for seniors needing assisted living services.Our priority is your health and well-being. Our recreational staff plans daily and weekly events to challenge residents socially, spiritually, educationally, physically, and emotionally. These efforts are designed to support your overall health and happiness.Residents at The Springs enjoy a variety of amenities, including a state-of-the-art media screening room, billiards room, beauty salon, activity and craft rooms, and sunrooms with floor-to-ceiling windows. Our full-time activities staff coordinates programs and activities, while the onsite fitness center offers supervised fitness classes.For added peace of mind, The Springs has a dedicated medical staff of physicians skilled in gerontological medicine available 24/7. In addition to medical services, our dining room offers restaurant-style service with daily changing menus, ensuring a pleasant dining experience for residents and their guests.Friends and family are always welcome at The Springs. Residents have private apartments and access to parlors, seating areas, and activity rooms for entertaining guests. Outdoor areas like the covered patio and poolside area offer opportunities to enjoy the Florida sunshine. Transportation is also readily available for shopping, recreational programs, and medical appointments.With medical response by licensed nursing staff 24/7, complimentary WiFi in common areas, assistance with medication administration and management, and other services, The Springs at Waterside at Shell Point provides a comfortable and caring environment for seniors. Contact us at (239) 454-2077 for more information about Assisted Living at Shell Point. Our case managers and moving coordinator are available to assist individuals or families in making the transition to our community seamless and stress-free.
Shell Point: A Lifecare CommunityAt Shell Point, we offer more than just a place to live; we offer a lifestyle. Our community is designed to provide a comfortable and enriching environment for our residents, with a focus on wellness, recreation, social engagement, and spiritual fulfillment. With Lifecare, including assisted living and skilled nursing care if needed, you can enjoy peace of mind knowing that your needs will be taken care of now and in the future.Lifecare Contracts - A Sound InvestmentWe understand that everyone's needs are unique. That's why we offer a variety of easy-to-understand Lifecare contracts to accommodate different situations and budgets. Our contracts, including refundable options, are designed to take the worry out of retirement planning. When you retire at Shell Point, you can be confident that you'll have the care and support you need, no matter what the future holds.Our ContractsContract A: Includes independent living, assisted living, memory care, and skilled nursing services, all covered by the same monthly maintenance fee.Contract B: Offers a 15% reduction on the entrance fee and includes independent living with all amenities, plus assisted living and memory care.Contract C: Provides a 100% refund of the entrance fee upon death or cancellation, with guaranteed access to assisted living, memory care, and skilled nursing at private pay rates.Plan Your Future with Shell PointOur rate schedule is based on a minimum age of 60 and includes all utilities except phone and internet. Residences are priced according to contract type, location, elevation, and view. Visit us today to learn more about our contracts and find the perfect home for your retirement.
Shell Point: A Lifecare CommunityAt Shell Point, we offer more than just a place to live; we offer a lifestyle. Our community is designed to provide a comfortable and enriching environment for our residents, with a focus on wellness, recreation, social engagement, and spiritual fulfillment. With Lifecare, including assisted living and skilled nursing care if needed, you can enjoy peace of mind knowing that your needs will be taken care of now and in the future.Lifecare Contracts - A Sound InvestmentWe understand that every individual's needs are unique. That's why we offer a variety of easy-to-understand Lifecare contracts to accommodate different situations and budgets. Our contracts, including refundable options, are designed to take the worry out of retirement planning. When you retire at Shell Point, you can be confident that you'll have the care and support you need, no matter what the future holds.Our ContractsContract A: Includes independent living, assisted living, memory care, and skilled nursing services, all covered by the same monthly maintenance fee.Contract B: Offers a 15% reduction on the entrance fee and includes independent living with all amenities, plus assisted living and memory care.Contract C: Provides a 100% refund of the entrance fee upon death or cancellation, with guaranteed access to assisted living, memory care, and skilled nursing at private pay rates.Plan Your Future with Shell PointOur rate schedule is based on a minimum age of 60 and includes all utilities except phone and internet. Residences are priced according to contract type, location, elevation, and view. Visit us today to learn more about our contracts and find the perfect home for your retirement.