3 Alternative Ways to Fund a Life Plan Community Entry Fee
For most seniors, selling their home is the simplest, fastest solution to fund their CCRC entry fee, but if for whatever reason this isn’t the case for you, here are three other funding methods that could potentially be utilized.
Vlog: Do You Know How Your Long-Term Care Policy Works at a CCRC?
One of the questions I get asked again and again by seniors who are considering a move to a CCRC is whether or not they can use their long-term care insurance (LTCi) policy to pay all or a portion of their monthly CCRC fee. In this short video blog, I discuss the three key things to understand about LTCi policies and CCRCs.
Marketing CCRCs to the Next Generation of Retirees
A CCRC that is poised to thrive in the long-term should have an up-to-date marketing and strategic plan in place. And to create such a document, the CCRC provider must have a deep understanding of the size, needs, and preferences of their target demographic. Here are a few of the areas where I believe the senior living industry will see the biggest changes in the years ahead as they strive to appeal to newer retirees.
How Do I Know If a CCRC is Financially Viable?
When you decide to make the financial investment to move to a continuing care retirement community (CCRC), you need complete peace-of-mind that this community will have the operational cash on hand to be able to follow through with their contractual obligations to you and other residents to provide housing, amenities, and in the future, care services. But how can you tell if a CCRC is financially viable? Here are some important questions to ask.
What Makes a Life Plan Community Great?
Of course you want to find the best place to live as you age, but how do you spot a great life plan community? What are some of the less tangible qualities that make a community successful, both now and into the future? Here are some pointers…
A Look Back: myLifeSite Top 5 Blog Posts from 2016
A new year is a time to look ahead to the future, but it is also an opportunity to reflect upon the past. So, we thought it might be nice to look back at our top five most popular senior living blog posts from 2016.