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Clare Oaks Blog


I’m Not Ready Yet

Posted: Tuesday, September 26, 2017

By: Clare Connection

Although the vast majority of people who live in Continuing Care Retirement Communities report that they are happy with their decision, there are many who delay a move indefinitely because they feel they are not ready yet.

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8 Questions to Consider Before You Decide to Age in Place

Posted: Tuesday, September 19, 2017

By: Clare Connection

Today’s senior living communities offer more services and amenities than ever, with perks that range from the convenient (like on-site healthcare facilities, transportation, and home maintenance) to the luxurious (like on-site 5-star dining options and indoor pools). Yet despite the seeming allure of many senior living facilities, survey after survey reveals that today’s senior still has a strong desire to stay in their own home for as long as possible, referred to as “aging in place.”

If you are one who feels that you want to stay in your own home, it’s important that you do the appropriate planning. Here are a few important questions that you need to consider to ensure health, happiness, and safety in your home.

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What are the Odds of Needing Long Term Care?

Posted: Wednesday, September 13, 2017

By: Clare Connection

As described on the website of the American Association for Long-Term Care Insurance (AALTCI), your risk of needing long-term care is either 0 percent (you will never need it) or 100 percent (you will need it). This is an oversimplification, but the point is, you should not base your personal retirement plan on averages because your experience may not align with the average. Also, when considering data regarding long-term care, keep in mind that current data is based on previous generations who, on average, did not live as long—nor need as much care—as current and future generations likely will.

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Entry Fee Tax Deductions Explained

Posted: Tuesday, September 5, 2017

By: Clare Connection

Residents of entry-fee retirement communities may be eligible to deduct a portion of the entry fee, and possibly monthly fees, depending on the type of contract offered by the community. 

Here are a few key details to understand:

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Clare Oaks, 825 Carillon Drive, Bartlett, Illinois 60103
630-372-1946 | 1-800-648-1984