Is It Safe for Seniors to Travel?
Many older Americans worked hard for decades, rarely taking time off. This is why one of the activities that people often look forward to with their retirement is having the freedom to travel. So that raises the question: Is it safe for seniors to be travelling right now? Or should seniors hit the breaks on [...]
Why Didn’t I Think to Ask That? The Less Obvious CCRC Questions
When you are choosing which continuing care retirement community (CCRC or life plan community) is right for you, it can feel like you have a million questions you want and need to ask. At MyLifesite, we write frequently about understanding the various types of contracts, financial aspects of the decision, healthcare, and more. There are [...]
Eliminating Taboos to Help Address Anxiety Among Seniors
If you’ve been feeling a little stressed lately, you’re far from alone. The COVID-19 crisis has created elevated anxiety levels for many people. People can experience feelings of anxiety in a number of ways, but it is often described as feeling worried, nervous, irritable, or “on edge.” Some people with anxiety feel a sense of [...]
You May Be Able to Deduct Some CCRC Costs from Your Taxes
Over the past months since COVID-19 turned our world upside down, I’ve done a few dozen webinars for prospective residents of various retirement communities across the country focused on planning for the future in an uncertain environment. One of the most common questions that I get during the Q&A portion of these sessions continues to [...]
The Evolution of Senior Living in the U.S.
I hope you have been enjoying our new audio podcast, entitled “Aging is a Trip,” which takes a candid, but lighthearted look at numerous aspects of aging and retirement. Dr. Karen Wilson In a recent two-part interview, I was honored to speak with Dr. Keren Wilson, who has a Ph.D. in gerontology and [...]
Many People Underestimate Their Future Cost of Care
If you’ve been to the grocery store lately, you may have experienced some sticker shock. According to USDA forecasts, grocery prices are expected to increase an average of 3 percent this year. This surge is being led by beef prices, which are predicted to rise by 8 percent versus 2019 costs, as well as pork, [...]