1. Developer -Harbor’s Edge
Neil Volder
Developer -Harbor’s Edge

2. Topic: Continuing Care Retirement Communities – “CCRC”
21st Annual Symposium

3. A Life Plan Community
21st Annual Symposium

5. HERPC
Certified Retirement Planning Counselor

6. 1, Books on Aging!

8. And that, in itself…. is part of the problem!
We are simply Living….. Too Long!
And that, in itself…. is part of the problem!

9. Senior Housing! Where will I live?
Is a Concern!
But not the
Main Concern!
Senior Housing! Where will I live?

11. 2015 National Senior Survey
Asked Seniors the Question: “What worries you most about getting older?” $$$$$
2015 National Senior Survey

12. Seniors’ Worries About Long Life
# 1
# 2
# 3
Source: Merrill Lynch

14. How Much Long Term Care Will You Need?

15. Who Pays for Long-Term Care?

16. Disclaimer: One must apply age qualifier!

17. Declining Gender Ratio in United States
85 +

18. Senior Housing Options
Senior Apartments
Assisted Living Facilities
Skilled Nursing Homes
Alzheimer’s Facilities
Home HealthCare
Life Plan Community - AKA Continiuing Care Retirement Community (“ CCRC”)

19. “A Life Plan Community”

20. A “Life Plan Community”
All levels of life care are available:
You first come in Independent. Many of our residents still work.
Should they need a higher level of care
Assisted Living
Mem. Support
Skilled Nursing
It is there in the same building!

21. Harbor’s Edge Pricing Long-Term Care for all levels of care for life
Entrance Fee – Refundable at 80%
Average $750, ($600K refunded)
Monthly fee - $5, ($6,700 couple)
Lifetime use of a luxurious apartment, maintenance, chef prepared meals, housekeeping……
Includes:
Long-Term Care for all levels of care for life
For ony cost of two more meals a day - $600 /mo

22. (Annual National“Average”Cost per Person)
Long-Term Care Costs
(Annual National“Average”Cost per Person)
$62K $108K $154K?
1 Yr. -Skilled Nursing Care
70% of Adults 65+ today will need long-term care services
38% will need it for an extended period
Average long term care stay is 2.44 years (2010)
2025 same trend, 3 yrs. of skilled nursing = $462,000
Source:. U.S. Department of Health and Human Services & MetLife Mature Market Survey 2005

23. The Longer you live in retirement, the greater the likelihood that you will need to …………arrange for long term care.

24. A “True” Life Plan Community
Includes Long Term Care Insurance
No waiting period
For life
No limitations or exclusions
All levels of care
At a 5-star Nursing Home with Alzheimer's, Assisted Living facilities right in the same building!
A “True” Life Plan Community

25. 24 stories 135 Luxury Apartments 35 Memory Support units
100K New Common Area
pizzaz

26. pizzaz

27. 1 million sq. ft. SEAMLESS INTEGRATION
It is important that the two towers feel connected when complete (rendering image showing two building connected)