This Type of Dilemma is Not Limited to CCRCs
While I advocate every day for the importance of consumer education and transparency in senior living, I also feel compelled at times to speak up on behalf of the industry. There are three important points that I think consumers should understand as it relates to the article.
What is a Retirement Community and How Do You Distinguish One from Another?
Popular types of retirement communities include, but are not limited to, Active Adult Living, Independent Living / Independent Plus, and Continuing Care Retirement Communities (CCRCs), sometimes referred to as Full-Service Retirement Communities.
Distinguishing Between Types of Senior Care Centers
Senior care centers and retirement communities are not all created equal. Although these two terms are often used interchangeably, there are some important distinctions to be made.
Family Caregivers Need Breaks
Studies continue to reveal the emotional, physical, and even financial impact of caring for a loved one who requires assistance with the activities of daily living.
Great Post in WSJ MarketWatch: Who Really Pays for Nursing Home Care?
Typically, when someone says that Medicare does not cover long-term care they are referring to assisted living services, also called custodial care.
Financial Advisors Will Need to Understand Retirement Living Options
Financial advisors can be catalyst for helping families talk and plan ahead; while also benefiting from the multitude of planning opportunities that may arise, as well as building increased loyalty with clients and their adult children.