A Secure Future: An Actuarial Perspective on CCRC Financial Viability
If you are a regular follower of our blog then you know I am a fan in general of life plan communities, also referred to as CCRCs or “continuing care retirement communities.” Just this week, I spoke with a resident of a CCRC who told me she had lived there for 16 years, and it [...]
The Environmentally Sustainable CCRC of the Future
It seems like every time you turn on the news, there is a report about the climate crisis and startling trends about global warming. With future generations in mind, more and more retirees are making environmentally conscious decisions about their senior living options. In my book, What’s the Deal with Retirement Communities (which makes a [...]
3 Reasons Seniors Delay a CCRC Move & Why They Should Reconsider
According to AARP’s most recent survey of adults age 50 and over, 76 percent of seniors want to remain in their homes for as long as possible. I’ve seen other surveys that put that figure at upwards of 90 percent. Whichever source you consider, the consensus seems to be that a large majority of retirees would prefer [...]
How Technology Is Reducing Long-Distance Caregiver Burden
Over the summer, I wrote about the challenges that can come with long-distance caregiving, defined as living more than an hour from the care recipient. While serving as a caregiver for a loved one under any circumstances can present a number of challenges, long-distance caregiving has its own unique set of difficulties. Long-distance caregivers have [...]
Could Political Divisions Hurt the Senior Living Industry?
Recently I’ve observed more prospective residents of continuing care retirement communities (CCRCs, life plan communities) who are asking about the political affiliations of the resident population as part of the research process. And just this past week, I received a thought-provoking email from a resident of a CCRC. She was inquiring if I knew of [...]
A Sense of Wellbeing Leads to a Longer Life: How CCRCs Can Help
Study after study has found that having a sense of happiness and a positive attitude is the key to wellbeing and living longer. A sunny outlook can help enhance your work performance, improve interpersonal relationships, boost your immune system, help you sleep better, and improve your overall health, all of which can help you live [...]