Happy 2017! 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 myLifeSite’s top five blog from 2016…
#5 The Unexpected Benefits of Moving to a New Home
Seniors have a wide spectrum of housing options to consider, ranging from aging in place in their long-time home to relocating to a continuing care retirement community (CCRC, also called a life plan community). Many seniors plan to age in place because they can’t afford any other scenario, but other seniors simply can’t imagine moving out of the home where they have created a lifetime of memories. This natural resistance to change is one of several reasons a friend of mine suggests that people should move every 10 years. And he may just be right; after all, there are a lot of benefits to moving to a new home… Read more >>
#4 7 Resolutions Seniors Can Make for the New Year
A majority of Americans make some sort of New Year’s resolution in their quest for self-improvement, but statistics show that only a handful of those resolutions will be accomplished. The reason? Most people aspire to achieve something that is simply too ambitious (e.g., go from a couch potato to a marathoner in three months). But there are realistic goals that seniors can set that can make a real difference in their long-term wellbeing. Here are seven attainable resolutions for seniors… Read more >>
#3 Can Logic Fallacies Sway Seniors’ CCRC Choice?
I was listening to a podcast on the logic errors that many people fall prey to when making decisions. The podcast discussed the gambler’s fallacy, in which people struggle to accept odds that they logically know are true (like a 50/50-coin flip), as well as sequential contrast effects, where your feelings about something are impacted by what you saw just prior. This got me thinking about how seniors select a retirement community and the degree to which these logic fallacies can influence their final choice. How can the order in which prospects look at various communities sway their decision-making process? And how can seniors ensure they are making a choice that is free of the bias of these logic fallacies?… Read more >>
#2 Do CCRC Residents Really Live Longer?
Recent data from the CDC shows that for the first time in more than two decades, life expectancy went down in the U.S., the result of increases in eight of the top 10 leading causes of death (such as heart disease, stroke, Alzheimer’s, respiratory disease, and diabetes). But despite this nationwide decline, many CCRCs will tout the claim that their residents outlive the average senior by as much as 2 years. I tried to find empirical evidence to support this claim and came up more or less empty-handed. However, I do think there is reason to believe that CCRC residents live longer on average, but the reasons why may not be what you’d expect… Read more >>
And myLifeSite’s most popular blog post from 2016 (drumroll, please)…
#1 So I’ll Probably Need Long-Term Care, But for How Long?
Statistics show that more than half of seniors age 65 and over will require long-term care services at some point in their life, be it assistance with activities of daily living (ADLs) or some higher level of care. So, the proverbial million-dollar question that seniors have as they plan for their future is, “How long will I need long-term care?” Around 80 percent of people requiring long-term care receive it in their homes for an average of about two years, either in the form of paid caregiver services or unpaid family care. About 20 percent of these people will eventually move to a community-based setting for care, such as an assisted living facility, where the average stay is about 2.5 years. Then around 60 percent of these people will require a nursing home stay of somewhere between 9 months and a little over 2 years. But then here’s the even bigger question: What will this care cost?… Read more >>
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