The Unexpected Cost of Divorce in Retirement
You’ve probably heard the statistic that 40 to 50 percent of marriages in the U.S. ends in divorce, with an even higher percentage for subsequent marriages. While there’s no doubt that it is a common phenomenon, the reality is that the frequency of divorce is actually decreasing in our country as the Millennials begin to [...]
What Will Retirement Communities Look Like in the Future?
The following is an excerpt from the revised second edition of my bestselling book, “What’s the Deal with Retirement Communities?”, available on Amazon.com. Geared toward retirees-to-be and their adult children, the book is designed to be the first step in your senior living research process — providing answers in a simple and concise fashion. The [...]
A Low-Wage Paradox for Senior Care and Caregivers
According to the latest jobs report from the U.S. Bureau of Labor Statistics, in June, the healthcare sector added 37,000 jobs. As the country’s population grows older, the need for more employees in the healthcare services and senior care field, including what’s referred to as “direct care” workers–like home health aides, personal care aides, and [...]
What is a “Continuum of Care”?
If you have been looking at various senior living options, including continuing care retirement communities (CCRCs, also called life plan communities), you have likely heard or seen the term “continuum of care” used. It’s an important concept when it comes to the variety of services provided by retirement communities, but I find it is also [...]
Senior Wellness Programs: Good for CCRC Residents & The Bottom Line
“Wellness” is a term that gets used a lot in senior living, and depending on the context, it can have many different meanings. But when it comes to continuing care retirement communities (CCRCs, also called live plan communities) and other types of senior living options, “wellness” usually refers to any service or amenity that contributes [...]
Close-up: The AARP Long-Term Services & Supports Scorecard
I’m always eager to share resources for people who are interested in learning more about the senior living industry and related topics like long-term care. That’s why I was excited to hear about the most recent version of the AARP Public Policy Institute’s Long-Term Services and Supports (LTSS) State Scorecard Report. Ranking LTSS by state [...]