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myLifeSite Blog Archives

myLifeSite Blog Archives provides information and guidance on senior living, life plan communities, CCRCs, independent living, and closely related topics from myLifeSite.

What Baby Boomers’ Financial Divide Means for the Senior Living Industry

As we discussed in last week’s blog post, the “Peak 65” portion of the Baby Boomers — the generation’s final cohort to reach retirement age — faces a financial landscape that is promising for some but uncertain for many. Indeed, the contrast is striking: While Baby Boomers collectively control a significant portion of American wealth [...]

By |2025-03-17T16:36:13-04:00March 17th, 2025|
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A Stark Contrast in “Peak 65” Baby Boomers’ Retirement Savings Pictures

In 2024, the U.S. attained a momentous milestone as a country. That was the year that we reached what’s been dubbed “Peak 65,” referring to the youngest, largest, and final group of retiring Baby Boomers. Indeed, it may just be the largest influx of retirees in history as more than 4 million Americans will reach [...]

By |2025-03-10T19:36:32-04:00March 10th, 2025|
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CCRC Entry Fee Refunds: What Happens When a Resident Passes Away?

Continuing care retirement communities (CCRCs or life plan communities) offer a continuum of care, ranging from independent living to skilled nursing care, ensuring that residents’ care needs are met as they age. Many CCRCs require new residents to pay a sizable entry fee when they first move into the community, much of which is often [...]

By |2025-03-04T10:40:11-05:00March 3rd, 2025|
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Crunch the Numbers: Aging at Home vs. Moving to a CCRC

Research frequently shows that “aging at home” is the senior living preference for a majority of older adults. Yet some decide that a retirement community, such as moving to a CCRC (continuing care retirement community aka life plan community), better meets their long-term senior living goals.  Among those who choose a CCRC, many cite [...]

By |2025-02-03T14:23:25-05:00February 3rd, 2025|
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New Survey Digs Into Top Retirement-Related Worries

Although the inauguration is now in the rearview mirror, there is still much debate about which issues factored into people’s decisions at November’s ballot box. A recent survey of older adults echoes many election exit polls, however, finding that retirees are growing less optimistic about the economy and their personal finances than in prior years. [...]

By |2025-01-20T13:57:06-05:00January 20th, 2025|
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When Should I Get On the Wait List at a Retirement Community?

What are retirement community waiting lists, and when is the ideal time to get your name on one? Learn how these lists work at CCRCs and assisted living facilities, and what you should do to plan before…and after…getting your name added.

By |2025-01-06T19:08:06-05:00January 6th, 2025|
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