bbreeding

About Brad Breeding

Brad Breeding is president and co-founder of myLifeSite, a North Carolina company that develops web-based resources designed to help families make better-informed decisions when considering a continuing care retirement community (CCRC) or lifecare community.

Benefits of the Retired Clergy Housing Allowance in a CCRC

I recently wrote about potential tax deductions for residents of a continuing care retirement community (CCRC, or life plan community). In short, depending on your individual tax situation, a deduction may be available to you on a portion of your CCRC entry fee, as well as a portion of your ongoing monthly fees since they [...]

By |2021-07-27T08:26:57-05:00July 27th, 2021|

Rediscovering Your Life’s Purpose Later in Retirement

This past week, I was reminded of why I find such fulfillment in my work. I had just finished an educational presentation for prospective residents at beautiful Ventana by Buckner, a continuing care retirement community (CCRC) in Dallas, Texas, and was enjoying lunch at a table with four of the attendees. The two delightful ladies [...]

By |2021-07-20T11:05:25-05:00July 20th, 2021|

Why You Should Look Beyond the Age of CCRC Residents

A lot of people ask me about the average age of residents in a retirement community. For continuing care retirement communities (CCRCs, or life plan communities), we know the average age at move-in is in the early 80s. Of course, this is an average. Newer communities normally have a younger average move-in age; older communities [...]

By |2021-07-12T13:04:49-05:00July 13th, 2021|

Understanding Tax Deductions for CCRC Residents

I recently posted a new video in our video library about medical expense tax deductions, and more specifically, medical-related fees at a continuing care retirement community (CCRC, or life plan community). It’s another topic we are asked about quite frequently here at myLifeSite. Always consult with your accountant or tax preparer, but generally speaking, for [...]

By |2021-07-06T08:28:29-05:00July 6th, 2021|

The Challenge of Turning Retirement Communities Into “Home”

“There’s no place like home,” Dorothy says at the end of The Wizard of Oz, after she wakes up safe and sound in her bedroom in Kansas. Many people share Dorothy’s sentiments about their own home. For me, no matter how much I enjoy a trip or vacation, there’s a part of me that is [...]

By |2021-06-28T17:51:31-05:00June 29th, 2021|

Special Considerations Surround Unpaid Dementia Caregiving

Taking on the role of unpaid family caregiver can be difficult even under the best of circumstances. But caring for a loved one who suffers from dementia can present a unique set of challenges. In addition to the burnout and stress faced by many caregivers, dementia caregiving is rife with unpredictability, safety concerns, behavior issues, [...]

By |2021-06-22T08:31:46-05:00June 22nd, 2021|

A Positive Aging Mindset May Slow or Even Reverse the Aging Process

“Age is just a number.” “You’re only as old as you feel.” “Age is a state of mind.” Such clichés may seem trite, but there’s more and more evidence that these sentiments about aging may be quite accurate. A man-made time warp Ellen Langer is a renowned Harvard social psychologist who has been researching the [...]

By |2021-06-14T12:13:41-05:00June 14th, 2021|

Access to Quality Senior Healthcare a Key Retirement Consideration

We all know that location is critical when it comes to investing in real estate, but research shows that geography also is key to getting the best care for seniors. In the fall, we shared the latest rankings for the states with the best long-term care services in the U.S. Another recent report examines the [...]

By |2021-06-07T17:40:42-05:00June 7th, 2021|

How to Constructively Talk with Parents About Senior Housing Options

As summer approaches and more and more Americans are fully vaccinated, we are seeing a sharp increase in the number of people who are travelling to see family, some of whom haven’t seen one another in well over a year. With these reunions, adult children may be confronted with an unwelcome reality: Their elderly parents’ [...]

By |2021-06-07T15:39:46-05:00May 31st, 2021|

Levels of Care: CCRC Monthly Fee Adjustments for Couples

One of the major draws of a continuing care retirement community (CCRC, aka, a life plan community) is the on-site availability of a continuum of care services, should a resident need it. It’s a key feature that defines this type of senior living community. You may have seen our recent video on how a CCRC [...]

By |2021-05-25T17:57:04-05:00May 24th, 2021|
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