There are several business models for CCRCs. The one my husband and I are in has a life care contract. We paid a buy in amount much less than $400K and when he moved to nursing care our monthly fee remained the same even though I continue in an independent apartment. The difficult part was moving in when he still passed the test as independent. We are not rich. The other sacrifice was moving to Mississippi to be near our daughter. She and her family were the only people we knew in the state. The facility is great and we have made friends and their should be money left for our children. A life care contract means that we will be cared for the rest of our lives even if we do run out of funds.