Is a CCRC a Good Financial Fit for You?
Prior to starting myLifeSite, I spent nearly 14 years in the financial planning business, helping many older adults manage their retirement and long-term care plans. In fact, it was during my time in the industry that I recognized a need for better guidance related to complex senior living decisions, particularly when it comes to navigating [...]
Improving the Image of Nursing Care & Assisted Living
In last week’s post, I discussed the importance of not only visiting the healthcare center at the continuing care retirement community (CCRC, or life plan community) you are considering, but also doing some due diligence research to ensure they will provide you with the quality of care you expect, should you ever need it. In [...]
How to Know If a CCRC’s Healthcare Center Will Meet Expectations
In talking with residents of continuing care retirement communities (CCRCs, or life plan communities) around the country, I often hear stories about how happy people are with their decision to move to the community. They talk about the benefits like wellness programs, the sense of community, amenities that make life easier and more enjoyable, and [...]
The Cost of a CCRC vs. the Value to Residents
A few weeks ago, I shared a blog post, which discussed some of the reasons why it is wise to make a move to a continuing care retirement community (CCRC or life plan community) sooner rather than later. Among the advantages of moving to a CCRC sooner, it can be easier to get acclimated and [...]
The Value of Community at a CCRC
Last week, I had the pleasure of visiting Bishop Spencer Place (BSP), a continuing care retirement community (CCRC, or life plan community) in Kansas City, Missouri, for a marketing event. In addition to many prospects, there were a few current residents in attendance, and following the event, one of them—let’s call her Mrs. Smith—came up [...]
The Challenge of Long-Distance Caregiving
In the United States, more and more people are taking on the role of caregiver to an aging loved one. In fact, a 2015 study by The National Alliance for Caregiving revealed that over 34 million adults are serving as a caregiver for a senior. Most caregivers are female (60 percent), and they are 49 [...]