Calculating the Affordability of a CCRC (life plan community)
My experience in talking with prospective residents is that, from a financial perspective, the question is not so much about “can I afford it” as much as it is “to what extent can I afford it?” Many who are considering moving to a Continuing Care Retirement Community want a better understanding of what the financial impact to their estate could be based on a range of possible scenarios.
The Cost of CCRCs: Affording a Full Continuum of Care
My experience in talking with prospective residents is that, from a financial perspective, the question is often not so much “can I afford a CCRC” as much as it is “to what extent can I afford it?”
Search for the Appropriate “Label” for 65+ Population Continues
While most people don’t like to be labeled those who market to older Americans continue to search for words or phrases that best describe that segment of our population without being offensive.
No One Wants to Move “Into” a Retirement Community
The thing I keep coming back to is that older Americans who contemplate a retirement community have the sense that instead of simply “moving” they are moving “into” something and this makes them feel uncomfortable or trapped. While this may seem minor we all know that perception can be reality and it seems to me this is often the perception.
LifeSite Logics Featured in Senior Housing News: Transparency is the Future
LifeSite Logics is pleased to be featured in a recent article in Senior Housing News highlighting a growing need for transparency in the senior living industry…
Financial Advisors See Planning Opportunity in Retirement Community Tax Breaks
How one financial advisor sees planning opportunities in retirement community tax breaks.