R ETIREMENT
Continuing Care Retirement Communities (CCRC) CAROLINA MEADOWS 100 Carolina Meadows, Chapel Hill A vibrant community where residents live a lifestyle of wellness and engagement. The 168-acre campus includes a nine-hole golf course, pristine walking trails, tennis courts, community gardens and more. Residents enjoy six distinctive dining venues, a stateof-the-art wellness center and an auditorium that offers many fascinating lectures and performances. Entrance Fee Range $129,700 – $602,900 Monthly Fee Range $2,852 – $4,410 Contract Options Fee for Service: Housing, residential services and guaranteed access to health-related services in exchange for entrance fee and monthly fee. Health-related services are provided at per-diem rates, which vary. Home Care services are also available. Equity: See below. Refund Options Upon departure, resident/estate receives refund based on Entry Fee calculation and, if applicable, additional 50% of equity in the residence; calculation is current Entry Fee minus remarketing and refurbishing fees compared to original Entry Fee, and then sharing in appreciation of unit if new balance exceeds original payment. Medicare Certified Yes, Medicare Part B Long-Term Care Insurance Not required, but welcome Minimum Age 55 Contact Information 919-942-4014; 800-458-6756; carolinameadows.org
CAROL WOODS 750 Weaver Dairy Rd., Chapel Hill Entrance Fee Range $99,900 – $468,100 Monthly Fee Range $2,466 – $5,449 Contract Options Modified: Entrance fee and monthly payments cover housing, residential services such as meals and housekeeping, and some health-related services. Health-related services are provided at a discounted rate. Refund Options Declining Refund: Pay entry fee; full refund in first 90 days; refund declines at rate of 2% each additional month; after 50 months, no refund. Medicare Certified Yes Long-Term Care Insurance Not required; could help pay for discounted per diems. Minimum Age 65 (co-applicant must be at least 55) Contact Information 919-968-4511; 800-518-9333; carolwoods.org THE CEDARS OF CHAPEL HILL 100 Cedar Club Circle (Meadowmont), Chapel Hill Purchase Price Range $300,000s – $800,000s* Monthly Fee Range $3,027 – $6,193 Contract Options *Equity: Actual real estate purchase, with transfer of ownership of the unit. If resident moves to health center, no added amount except two meals per day. After 90 days, member pays discounted rate. Refund Options Not applicable because of ownership Medicare Certified Yes Long-Term Care Insurance Not required Minimum Age 62 (co-applicant must be at least 50) Contact 919-259-7000; 877-433-3669; cedarsofchapelhill.com
Traditional Investment & Advisory Services in a COVID-19 World During these times of global uncertainty, Oppenheimer's experienced financial advisor, Jane S. Okulski, will assist you in navigating the current economic climate by structuring a portfolio aligned with your investment philosophy and tax & estate planning needs. She and her team use a traditional investment approach to preserve capital, generate income, and achieve growth.
JANE S. OKULSKI Financial Advisor
(336) 721-7040 jane.okulski@opco.com
380 Knollwood Street, Suite 560 Winstom-Salem, NC 27103
Oppenheimer & Co. Inc. Transacts Business on All Principal Exchanges and Member SIPC
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