myLifeSite Blog Archives provides information and guidance on senior living, life plan communities, CCRCs, independent living, and closely related topics from myLifeSite.
Many retirees are not aware of an important tax deduction available to some new residents of continuing care retirement communities (CCRCs).
I have stayed in many guest suites that were outstanding. They were clean, comfortable, and inviting. The TVs worked, the walls were in good shape, the bathrooms were clean, etc. Yet, other times I am quite surprised by what I find.
According to a 2024 AARP survey (PDF), approximately two-thirds (65%) of older Americans traveled last year. This same survey revealed that as many as 75% of older adults have a “travel bucket list” — places they want to visit during their life. This group with the “travel bug” includes the youngest batch of Baby Boomers, [...]
As older adults ponder various senior living options, it can be helpful to understand an important piece of legislation that affects many 55+ communities: the Housing for Older Persons Act (HOPA) of 1995. This law was created to protect age-restricted retirement communities that are designed specifically for older adults while maintaining certain standards of fairness [...]
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 [...]
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 [...]
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 [...]
Want to stay in your home as long as possible but also desire easy access to assistance and healthcare services later? The continuing care at home model could be the solution.
I wonder how many prospective residents of CCRCs or lifecare communities give up searching because they are overwhelmed by the comlexity of CCRC contracts and other details?
There is an active dating scene in many retirement communities, but there are also reasons for seniors to be cautious about starting an intimate relationship.
