What’s Behind “I’m Not Ready Yet” for 55 Plus Community Prospects
“I’m not ready yet.” Among prospective 55 plus community residents, it’s a refrain heard time and again. Sometimes it may be uttered while sitting with adult children at the kitchen table of a beloved house. Other times, it might be said in a heart-to-heart conversation with a spouse or partner while sitting in the family [...]
55-Plus Intergenerational Program Rewards Student-Employees
Although most 55-plus communities are their own separate “micro-villages,” make no mistake: They are very much a part of the broader community as well. It is often a symbiotic relationship, benefiting all parties. Retirement communities rely on members of nearby areas for staff, and the surrounding neighborhood or town gains from the presence of the [...]
Better Approaches to Memory Care Assisted Living
A memory care assisted living community is designed to meet the unique safety and care needs of the ever-growing demographic of seniors living with Alzheimer’s disease or other forms of dementia. These specialized memory care retirement communities are increasing in number across the country, and around the world. But many of these communities aren’t the [...]
Early Acceptance: Upgrading the 55 Plus Community Waiting List
Early acceptance isn’t just for college anymore! It is common for some 55 plus retirement communities to offer use of certain campus amenities to future residents who are on the waiting list. Some communities, particularly continuing care retirement communities (CCRC or life plan communities), which often provide a wider array of amenities, are taking this [...]
Deciphering Between Over 55 Communities
There are a lot of different types of over 55 communities — so many that it can be confusing to keep them all straight! More specifically, the nuances between a senior apartment, independent living with services, and independent living plus can be a bit unclear at first glance. Let’s take a closer look at how [...]
Financial Considerations of CCRC Fee Tax Deductions
A couple of weeks ago, we wrote a post answering a question we sometimes get about whether it’s wise to pull money from an individual retirement account (IRA) to help cover the cost of an entry fee at a CCRC or life plan retirement community. As explained in the post, in some cases, this can [...]