Services. Amenities. Location. Floorplan. Availability of care. These are some of the community features that affect senior living cost. At myLifeSite, we’re often asked about comparing retirement communities and costs. Just last week, we received a question about whether a rental community is better than a community requiring an entry fee, sometimes referred to as [...]
By myLifeSite|2023-12-04T18:34:07-05:00December 5th, 2023|
The holiday season is upon us, and with it comes time spent with family. Over the next few weeks, many people will savor some quality together time, but for some, it also can be a time of fraught conversations — think politics, religion, or relationship status. But there’s one conversation that is worth having, even [...]
By myLifeSite|2023-11-27T18:12:29-05:00November 28th, 2023|
We all make countless decisions every day. Some are mundane, like what to have for breakfast. Others are much more consequential, like choosing a career, picking a life partner, or getting that tattoo. At the heart of every decision we make, there is a thought process that takes into account risks and rewards, past experiences, [...]
By myLifeSite|2023-11-27T15:34:10-05:00November 21st, 2023|
As we’ve written about in the past, residents of continuing care retirement communities (CCRCs or “life plan communities”) often are able to take a tax deduction on a portion of their monthly fee (and even on any non-refundable portion of the entry fee in the first year). This deduction is available under Section 213 of [...]
As temperatures begin to drop in many areas of the country, some older people may start to ponder if spending their retirement in Florida might be the way to go. For so-called “snowbirds” who have already made this senior living decision, cooler weather is a sure sign that it’s time for their annual trip south [...]
By myLifeSite|2023-11-06T16:47:49-05:00November 7th, 2023|
The University of Michigan’s Institute for Healthcare Policy and Innovation conducted a National Poll on Healthy Aging (NPHA) in January 2023, which asked 2,563 people between the ages of 50 and 80 about their social connections and any feelings of isolation they were experiencing in their lives. The poll’s findings revealed that many older people, [...]
By myLifeSite|2023-10-30T13:31:11-04:00October 31st, 2023|
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