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myLifeSite Blog

Navigating the myriad details and nuances associated with senior living, particulary when it comes to continuing care retirement communities (CCRCs or ‘life plan communities’) can be overwhelming. Sometimes it is tough just to know where to start or what questions to ask.

The myLifeSite blog includes hundreds of articles on senior living, CCRCs, independent living, caregiving, retirement planning, and closely related topics. The articles are informative and unbiased, and you can find specific topics you are interested in using the keyword search tool.

What You’ll Find on myLifeSite Blog

Suppose you are researching several different retirement communities. One of them is an independent living community and the other two are continuing care retirement communities. How can you best compare them to one another. What are the trade-offs to consider? An article like this one might help: Avoid This  Mistake When Comparing Retirement Communities.

Or, perhaps you would like an indepth and unbiased explanation of how various entry fee models work at continuing care retirement communities. In that case you may find an article like this one to be helpful: A Closer Look at Entry Fees.

Or, maybe you are interested in statistics about long-term care and how long people often need it. Here’s a helpful article on this topic: So I’ll Probably Need Long Term Care, But For How Long?

Thank you for checking out the myLifeSite Blog. We hope you’ll find what you are looking for as you considering your retirement living options.

 

 

Exactly What is an Active Adult Community, Anyway?

You have probably seen ads for various 55 plus communities touting themselves as an “active adult community,” but what is the definition of this term? With so many senior living providers referring to active adults on their websites and other marketing collateral, it’s hard to know what it really means. So, what is an active [...]

By |2023-08-08T09:22:07-04:00August 8th, 2023|
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What’s Behind “I’m Not Ready Yet” for 55 Plus Community Prospects

“I’m not ready yet.” Among prospective 55 plus community residents, it’s a refrain heard time and again. Sometimes it may be uttered while sitting with adult children at the kitchen table of a beloved house. Other times, it might be said in a heart-to-heart conversation with a spouse or partner while sitting in the family [...]

By |2023-08-08T09:23:46-04:00August 1st, 2023|
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55-Plus Intergenerational Program Rewards Student-Employees

Although most 55-plus communities are their own separate “micro-villages,” make no mistake: They are very much a part of the broader community as well. It is often a symbiotic relationship, benefiting all parties. Retirement communities rely on members of nearby areas for staff, and the surrounding neighborhood or town gains from the presence of the [...]

By |2023-08-07T18:54:26-04:00July 25th, 2023|
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Better Approaches to Memory Care Assisted Living

A memory care assisted living community is designed to meet the unique safety and care needs of the ever-growing demographic of seniors living with Alzheimer’s disease or other forms of dementia. These specialized memory care retirement communities are increasing in number across the country, and around the world. But many of these communities aren’t the [...]

By |2023-11-24T00:18:33-05:00July 18th, 2023|
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Early Acceptance: Upgrading the 55 Plus Community Waiting List

Early acceptance isn’t just for college anymore! It is common for some 55 plus retirement communities to offer use of certain campus amenities to future residents who are on the waiting list. Some communities, particularly continuing care retirement communities (CCRC or life plan communities), which often provide a wider array of amenities, are taking this [...]

By |2023-08-05T16:34:08-04:00July 11th, 2023|
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Deciphering Between Over 55 Communities

There are a lot of different types of over 55 communities — so many that it can be confusing to keep them all straight! More specifically, the nuances between a senior apartment, independent living with services, and independent living plus can be a bit unclear at first glance. Let’s take a closer look at how [...]

By |2023-07-04T15:25:27-04:00July 4th, 2023|
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Financial Considerations of CCRC Fee Tax Deductions

A couple of weeks ago, we wrote a post answering a question we sometimes get about whether it’s wise to pull money from an individual retirement account (IRA) to help cover the cost of an entry fee at a CCRC or life plan retirement community. As explained in the post, in some cases, this can [...]

By |2023-08-05T16:38:33-04:00June 27th, 2023|
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Could the Secret to Healthy Aging Actually Be Reverse Aging?

There are many factors that determine your lifespan, some of which you can’t control (genetics) and others of which you can (lifestyle). A combination of these two forces determines your body’s “biological age,” which, in some cases, can be far different from a person’s chronological age. We all know a lifestyle that promotes healthy aging [...]

By |2023-06-19T15:49:53-04:00June 20th, 2023|
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Planning for a Life-Affirming Retirement

There are many, many factors that play into planning for a person’s retirement years. Obviously, you want to ensure you have enough money saved to meet your needs, but there may be other important objectives too, like being able to afford to travel or leave a financial legacy to your family. Another goal that should [...]

By |2023-08-14T14:10:22-04:00June 13th, 2023|
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Should I Pay the CCRC Entry Fee From My IRA?

There are many advantages to choosing a life plan community (also known as a continuing care retirement community or CCRC) including an array of amenities and services to make your retirement carefree, plus access to a full continuum of on-site care services, if needed. If you’re considering a CCRC, you may have questions around managing [...]

By |2023-06-13T12:15:34-04:00June 6th, 2023|
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