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).
Taking A Close-Up Look at Retirement Community Guest Suites
I have stayed in many guest suites that were outstanding. They were clean, comfortable, and inviting. The TVs worked, the walls were in good shape, the bathrooms were clean, etc. Yet, other times I am quite surprised by what I find.
Retirement Community Travel Programs Meet Retirees’ Sense of Adventure
According to a 2024 AARP survey (PDF), approximately two-thirds (65%) of older Americans traveled last year. This same survey revealed that as many as 75% of older adults have a “travel bucket list” — places they want to visit during their life. This group with the “travel bug” includes the youngest batch of Baby Boomers, [...]
Understanding Age Requirements for 55+ Communities
As older adults ponder various senior living options, it can be helpful to understand an important piece of legislation that affects many 55+ communities: the Housing for Older Persons Act (HOPA) of 1995. This law was created to protect age-restricted retirement communities that are designed specifically for older adults while maintaining certain standards of fairness [...]
What Baby Boomers’ Financial Divide Means for the Senior Living Industry
As we discussed in last week’s blog post, the “Peak 65” portion of the Baby Boomers — the generation’s final cohort to reach retirement age — faces a financial landscape that is promising for some but uncertain for many. Indeed, the contrast is striking: While Baby Boomers collectively control a significant portion of American wealth [...]