ADUs: A Threat or Opportunity for the Senior Living Industry?
As the senior living industry continues to evolve, much of the conversation has focused on two major trends: older adults choosing to remain in their current homes (aging in place) and the growing popularity of active adult communities that appeal to younger retirees. But there’s a less obvious, yet potentially more disruptive force also quietly [...]
Open Road: Navigating the RVing Trend Among Older Adults
Retirement marks a new chapter in life. More flexibility coupled with less responsibility can present the opportunity for retirees to pursue their interests, like travel. For a growing number of older Americans with the travel bug, this includes exploring our nation in a recreational vehicle (RV) or camper. Traveling in an RV allows you to [...]
What’s At the Heart of Older Adults’ Senior Living Apprehensions?
The future of senior living is one of the most talked-about topics in the industry — and for good reason. The next generation of older adults brings new expectations and preferences when it comes to retirement lifestyle and housing. And this topic is especially pertinent as the oldest baby boomers turn 79 this year — [...]
Moving to a CCRC at Age 62: A First-Hand Account
Among the many joys I find in working at myLifeSite are the opportunities I get to meet and talk with fascinating people across this country. While recently speaking at La Vida Llena, a life plan retirement community in Albuquerque, New Mexico, I met a gentleman named Don. He and his wife, Glyndon, moved into La [...]
Is Retiring Near Your Grandchildren a Smart Move?
Is it a wise decision to move to be closer to grown children or grandkids during retirement? There are many considerations that should be weighed.
Is A Retirement Community Entry Fee Tax Deductible?
Many retirees are not aware of an important tax deduction available to some new residents of continuing care retirement communities (CCRCs).