A recently released FBI report (PDF) reveals some startling statistics on elder fraud in the U.S. Financial crimes targeting those age 60 and over reached at least $3.4 billion in reported losses in 2023, up 11% from $3.1 billion in 2022. The number of reported victims was also up 14% in 2023 with 101,068 complaints [...]
We’ve all heard a lot of news stories lately related to the various generations of Americans — the Baby Boomers, the Millennials, the latest Alpha Generation, and so forth. However, many members of Gen X — those Americans born between 1965 and 1980 — have been dubbed with a second moniker — the “Sandwich Generation” [...]
You’ve considered your senior living options, such as remaining in your current home or downsizing, and determined that a retirement community move is the best choice for you. But how do you decide which retirement community is the best fit for your goals? Obviously cost must be taken into consideration, but what are your other [...]
We have often written about the mixed bag that is family caregiving. Some people find it rewarding, while others find it mentally, physically, and emotionally draining — or some combination of all of these feelings. Though sometimes logistically challenging, it’s important for family caregivers to take care of themselves too, which may involve finding ways [...]
Making a senior living decision involves many considerations. To some people, remaining in their current home is paramount. For others, factors like downsizing, moving closer to loved ones, or reducing housing expenses is most important. For older adults who feel that moving to a retirement community is their ideal for senior living, the benefits can [...]
Here at myLifeSite, we typically write about senior living and closely related topics such as retirement lifestyles and aging. However, since our founders have a background in finance, and since finance is a big part of the senior living decision — particularly as it relates to life plan communities (aka continuing care retirement communities, or [...]
We recently had the pleasure of sitting down with the newest member of the myLifeSite customer success team, Newell Bowman Dickerman (pictured right). Newell joins us having spent nearly 15 years within the senior living sales and marketing arena. In our conversation, we talked about her experiences working with prospective and current retirement community residents, [...]
We see headlines all too often about the growing opioid epidemic in the U.S. and the skyrocketing number of fentanyl deaths. Recent data from the CDC shows that, among Americans aged 18 to 45, unintentional drug overdose is now the leading cause of death, above car accidents and suicide. But there is another “invisible epidemic” [...]
One of the questions we often hear at myLifeSite relates to the types of health conditions that might preclude someone from moving into a life plan retirement community (traditionally referred to as a continuing care retirement community or “CCRC”). Indeed, a person may wait too long to make their CCRC move and then not qualify [...]
We often write about the staggering cost of long-term care. However, there is a subcategory of this type of care that can be particularly expensive for families: dementia care. A recent study examined this important topic and found that the cost of dementia care often eats up much of a person’s monthly income and quickly [...]
