Frequently Asked Questions
- What is a Continuing Care Retirement Community (CCRC)?
- Is Regents Point a full-service Continuing Care Retirement Community?
- What is the entrance fee?
- Why is there such a wide range in entrance fees?
- How much are my monthly fees?
- What is included in the monthly service fee?
- Isn't it expensive to live in a Continuing Care Retirement Community?
- Do I have to turn my assets over to Regents Point?
- How can I make a deposit?
- Must I qualify financially or medically to place a deposit?
- When can I have visitors?
- If I need to go somewhere, what do I do?
- Where do I park?
- Are pets allowed?
- How is Regents Point affiliated with Southern California Presbyterian Homes (SCPH)?
- When is the right time to move in?
- Are there age restrictions?
- What kind of staff can I expect?
- Do I have to give up my lifestyle when I move to Regents Point?
- Is Regents Point financially stable?
- How can I be assured about the quality of living at Regents Point?
- What do I need to know before I sign?
- What is a Continuing Care Retirement Community (CCRC)?
- A Continuing Care Retirement Community, such as Regents Point, provides a full range of housing, services, care and maintenance based on a contract between the resident and provider. Most contracts require payment of an upfront entrance fee and monthly fees.
Back to Top - Is Regents Point a full-service Continuing Care Retirement Community?
- Yes, Regents Point is dedicated to full-service retirement living. We offer a choice of independent living floor plans, which you furnish yourself, and an array of services, such as meals, activities, transportation, housekeeping and more. If at sometime in the future your needs change and you require help with the activities of daily living, assisted living is available at Sunridge. Skilled nursing care is also available for residents at Windcrest. Both are conveniently located on the Regents Point campus.
Back to Top - What is the entrance fee?
- A one-time fee that grants a resident the use of an accommodation and services at Regents Point. This fee is not equity, nor can it be assigned or transferred to others. We currently offer two types of entrance fee agreements. Our standard agreement has been used at Regents Point since 1982. This contract is amortized to zero over a five-year period (30 months in case of death). Thus, should someone change their mind for any reason, a portion is refunded on a straight-line basis up to the end of the 60th month. Our new 75% guaranteed repayment option limits amortization to 25% in exchange for an entrance fee that is 1.7 times higher. State law requires that entrance fees be completely refundable in the first 90 days except for a processing fee ($1,500).
Back to Top - Why is there such a wide range in entrance fees?
- Entrance fees are based on an accommodation's features. Views, size, patios, general location, etc. all factor into the entrance fee. Entrance fees also reflect area housing costs and are guaranteed not to increase once a reservation has been made.
Back to Top - How much are my monthly fees?
- Please see the yearly fee schedule for your monthly rates or speak to someone in Marketing.
Back to Top - What is included in the monthly service fee?
- Services include: one meal per day; bi-monthly housekeeping; utilities (except phone service); basic cable TV; the wellness program; emergency medical support; security; maintenance and landscaping; use of common spaces on the 15-acre, park-like campus; educational, social, and recreational programs; and more.
Back to Top - Isn’t it expensive to live in a Continuing Care Retirement Community?
- It really depends on the kind of lifestyle you value and desire. Becoming a resident at Regents Point means security and stability in retirement, plus the freedom to enjoy life. When you consider that you may be able to enjoy a more active, worry-free retirement and that your changing health needs can be accommodated on-site, you’ll likely realize that investing in a continuing care retirement community can be a prudent, efficient use of your income and assets. In fact, if you have an average retirement income and own a home, you probably qualify for residency.
Back to Top - Do I have to turn my assets over to Regents Point?
- No. Regents Point does not take over anyone’s assets. You need only to provide evidence of your financial ability to meet the obligations of living at Regents Point.
Back to Top - How can I make a deposit?
- Call the Marketing Department at (949) 854-9500 or (800) 278-8898 to speak to one of our representatives.
Back to Top - Must I qualify financially or medically to place a deposit?
- Your financial and medical applications are not needed until you apply for residency before move-in. The medical application includes a report from your physician. Informally, upon placing a deposit, you should be able to live safely and healthfully in an independent setting in the specific space they have chosen and have sufficient resources to meet the financial obligation. The SCPH rule of thumb is that income should be 1-2 times the monthly service fee and assets should be 3-4 times the entrance fee. Almost 53 years of experience has indicated that under normal conditions and financial planning, these amounts will assure your financial comfort.
Back to Top - When can I have visitors?
- You may have visitors anytime you like. All visitors need to check in at the front lobby before visiting. There are no formal hours.
Back to Top - If I need to go somewhere, what do I do?
- Regents Point can provide transportation through our Transportation Coordinator at (949) 509-2241.
Back to Top - Where do I park?
- One assigned parking space per resident is available. A second space, based on availability, is $30 per month. Carports are $15 per month.
Back to Top - Are pets allowed?
- Yes, dogs and cats are allowed at Regents Point. Some restrictions do apply, so please consult with the Marketing Department for details on our pet policy.
Back to Top - How is Regents Point affiliated with Southern California Presbyterian Homes (SCPH)?
- SCPH is a not-for-profit California corporation that owns and operates retirement communities in Southern California. SCPH, since its founding in 1955, provides quality housing and support services, primarily for older adults of all faiths, that enrich the physical, social and spiritual dimensions of their lives. The organization also acts as a resource for the communities in which it operates. Since its inception, SCPH has been nondenominational and now has no legal or financial ties to the Presbyterian Church. All faiths are welcome.
Back to Top - When is the right time to move in?
- As residents, the recommendation we make is don’t wait until it’s too late. We often hear seniors say they’re not ready to move into a retirement community or to give up their homes. Regents Point is a place for active retirees, so your good health is your best assurance of entrance. You never know what the future holds.
Back to Top - Are there age restrictions?
- The minimum age for residency at Regents Point is 62. For couples, only one person must be 62. There is no maximum age for application, although one may be established in the future.
Back to Top - What kind of staff can I expect?
- Regents Point is staffed with trained professionals. They are efficient, and, more importantly, caring and genuinely concerned with your happiness and well-being. In areas that require it, staff members are licensed.
Back to Top - Do I have to give up my lifestyle when I move to Regents Point?
- When considering a retirement community, you may hesitate because you don’t want to give up your freedom. This is particularly true of the dining experience. You want to be able to decide when to eat, what to eat and with whom. At Regents Point, you have the flexibility to select your table companions as well as your entrée, which is chosen from a new menu printed daily. There are no assigned dining times, only a timeframe within which you choose when you want to eat. Guests, family and friends from outside Regents Point are welcome to dine with residents for a nominal fee. Additionally, Regents Point’s carefree lifestyle includes many on-site recreational pursuits, as well as numerous planned outings to social, cultural and recreational events. You decide how you want to spend your day.
Back to Top - Is Regents Point financially stable?
- Yes, Regents Point opened in 1982, and is operated by the non-profit Southern California Presbyterian Homes, which has been serving seniors since 1955. It is important to check the financial background and stability of any retirement residence you are considering. You should request audited financial statements for the previous year’s operations, and have your attorney or other trusted financial advisor review it. Also, ask about the occupancy rate. Low occupancy is a major cause of financial stress for a CCRC or other retirement home. The administrative staff of Regents Point is happy to share this information with prospective residents. SCPH Annual Reports are available, and Regents Point is proud of its continually high occupancy rate.
Back to Top - How can I be assured about the quality of living at Regents Point?
- Regents Point is fully accredited by the Continuing Care Accreditation Commission (CCAC) of the American Association of Homes and Services for the Aging in Washington, D.C. CCAC accreditation is generally considered a “seal of approval” for continuing care retirement communities. Accreditation from this organization indicates that the community has met the standards for excellence agreed upon by continuing care professionals. Such accreditation provides a standard of comparison for evaluating different retirement communities. Currently, there are less than 330 such accredited CCRCs in the U.S. We also encourage you to take a “test drive” yourself. Come visit Regents Point and stay for a few days.
Back to Top - What do I need to know before I sign?
- Prospective residents should carefully consider the risks, benefits and costs before signing a contract and are encouraged to seek financial and legal advice. Additionally, remember that the authority to enter into continuing care contract or life care contract granted by the California Department of Social Services (CDSS) is neither a guarantee of performance by providers, nor an endorsement of providers or facilities by the CDSS.
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For more information or to arrange a tour, please call Regents Point at 1-800-2789-8898.