Counterpoint: A Senior Living Community Could Cost More Than You Think
Last week, I wrote about the true cost of remaining in your current home as you grow older. As I reflected on the post, I began to wonder whether it inadvertently came across as a sales pitch for life plan communities, also known as continuing care retirement communities, or CCRCs. I was bothered by this [...]
What’s the True Cost of Staying in the Home?
Again and again, research finds that most senior adults say they want to remain in their home, at least as long as possible. While there are many reasons for this, cost is a consideration. Many people believe that it will cost less for them to remain in their existing home than to move to a [...]
Coming Soon: Enhanced Site, New Senior Living Educational Videos
As I’ve shared, we will soon be launching myLifeSite 2.0, a complete overhaul of myLifeSite's continuing care retirement community (CCRC) database and report engine. With the new website, access to our CCRC profiles will no longer require a login or payment. Additionally, you will be able to filter results based on your unique lifestyle preferences [...]
Are Today’s Seniors “Younger” Than Previous Generations?
You’ve heard the phrase, “You’re only as old as you feel.” There is mounting evidence that, to a large extent, this cliché isn’t too far off. In several different studies, researchers have explored the difference between people’s chronological age (their age based on the number of trips they’ve made around the sun) and their subjective [...]
How to Differentiate Between Rental Retirement Communities
I’ve written several blog posts on the lingo used within the senior living industry. Some of the industry’s terms are more easily understood than others, however. For example, in last week’s blog post, we explored the meaning of “independent living” and how this label is applied to different senior living and care scenarios. This week, [...]
Understanding the Different Forms of Independent Living
What do you think when you hear the term “independent living”? This phrase seems to have different connotations for different people, creating confusion. Even within the senior living industry, it gets applied to a pretty wide range of living and care situations. Let’s take a closer look at the meaning of “independent living” and how [...]