Don’t Become a Victim to the Rising Incidence of Elder Fraud
A recently released FBI report (PDF) reveals some startling statistics on elder fraud in the U.S. Financial crimes targeting those age 60 and over reached at least $3.4 billion in reported losses in 2023, up 11% from $3.1 billion in 2022. The number of reported victims was also up 14% in 2023 with 101,068 complaints [...]
The Sandwich Generation: Stuck Between Aging Parents, Young Children
We’ve all heard a lot of news stories lately related to the various generations of Americans — the Baby Boomers, the Millennials, the latest Alpha Generation, and so forth. However, many members of Gen X — those Americans born between 1965 and 1980 — have been dubbed with a second moniker — the “Sandwich Generation” [...]
What Are Your Retirement Community Decision Priorities?
You’ve considered your senior living options, such as remaining in your current home or downsizing, and determined that a retirement community move is the best choice for you. But how do you decide which retirement community is the best fit for your goals? Obviously cost must be taken into consideration, but what are your other [...]
A Break for Family Caregivers: Adult Day Care and Other Respite Care Options
We have often written about the mixed bag that is family caregiving. Some people find it rewarding, while others find it mentally, physically, and emotionally draining — or some combination of all of these feelings. Though sometimes logistically challenging, it’s important for family caregivers to take care of themselves too, which may involve finding ways [...]
Comfort, Convenience, Connection: The Key Benefits of a Retirement Community
Making a senior living decision involves many considerations. To some people, remaining in their current home is paramount. For others, factors like downsizing, moving closer to loved ones, or reducing housing expenses is most important. For older adults who feel that moving to a retirement community is their ideal for senior living, the benefits can [...]
How Retirement Income Affects Senior Living Affordability Calculations
Here at myLifeSite, we typically write about senior living and closely related topics such as retirement lifestyles and aging. However, since our founders have a background in finance, and since finance is a big part of the senior living decision — particularly as it relates to life plan communities (aka continuing care retirement communities, or [...]