CCRC Bond Ratings Explained
We occasionally get questions about how continuing care retirement communities (CCRCs or “life plan communities”) obtain their bond ratings and what these ratings mean. At a time when the financial viability of CCRCs is an increasingly important component of the consumer's decision process, it may be helpful to cover some details regarding CCRC bond ratings. [...]
Homesharing Can Be a Win-Win Senior Living Solution
You may have heard the term “the sharing economy” of late. It’s an increasingly popular model where everyday people share their resources, be it a car (think Uber and Lyft ridesharing), office space (such as coworking hubs), or crowdfunding (like Kickstarter fundraisers). But an example of the sharing economy that is really taking off among [...]
Single Seniors May Pay the Price When it Comes to Retirement Savings
We all know people who are happily married, as well as ones who are miserably so. The same goes for singles — there are those who are single by choice and those who would do anything to have a partner. No matter which group you fall into, it’s important to understand the implications for your [...]
Encouraging and Supporting the Creation of Age-Friendly Cities
I am fortunate to once again be traveling, visiting continuing care retirement communities (CCRCs, also called life plan communities) across the country. In my travels, I have the opportunity to check out all sorts of cities and towns, and I enjoy getting a feel for new places — meeting the locals, seeing the sites, trying [...]
CCRCs Help Avoid the “Senior Living Shuffle”
I read an article this past week that got me thinking about an issue that commonly arises as people grow older: let’s call it the “senior living shuffle.” This particular article recounts the story of a woman named Connie. Connie and her husband, Dean, had been living in their own home and even took in [...]
Remaining in the Home: A Look at Home Health Care Services
The demand for home health care services is rapidly growing in the U.S. This has been driven by an array of factors in recent years. First, the baby boomers are reaching the age where they are more likely to need assistance. Second, the pandemic has made some people uneasy about the prospect of living in [...]