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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.

2 Key Factors in Senior Living Cost Comparisons

Services. Amenities. Location. Floorplan. Availability of care. These are some of the community features that affect senior living cost. At myLifeSite, we’re often asked about comparing retirement communities and costs. Just last week, we received a question about whether a rental community is better than a community requiring an entry fee, sometimes referred to as [...]

By |2024-03-06T21:18:22-05:00December 5th, 2023|
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Overcoming Adult Children’s Objections to Your Senior Living Plans

The holiday season is upon us, and with it comes time spent with family. Over the next few weeks, many people will savor some quality together time, but for some, it also can be a time of fraught conversations — think politics, religion, or relationship status. But there’s one conversation that is worth having, even [...]

By |2023-11-27T18:12:29-05:00November 28th, 2023|
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Uniting The Emotional & The Rational In Senior Living Decisions

We all make countless decisions every day. Some are mundane, like what to have for breakfast. Others are much more consequential, like choosing a career, picking a life partner, or getting that tattoo. At the heart of every decision we make, there is a thought process that takes into account risks and rewards, past experiences, [...]

By |2023-11-27T15:34:10-05:00November 21st, 2023|
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Are CCRC Tax Deductions Only Available at Non-Profit CCRCs?

As we’ve written about in the past, residents of continuing care retirement communities (CCRCs or “life plan communities”) often are able to take a tax deduction on a portion of their monthly fee (and even on any non-refundable portion of the entry fee in the first year). This deduction is available under Section 213 of [...]

By |2023-11-20T16:37:45-05:00November 14th, 2023|
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Is Retirement in Florida Right for You?

As temperatures begin to drop in many areas of the country, some older people may start to ponder if spending their retirement in Florida might be the way to go. For so-called “snowbirds” who have already made this senior living decision, cooler weather is a sure sign that it’s time for their annual trip south [...]

By |2023-11-06T16:47:49-05:00November 7th, 2023|
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How Some Grocery Stores Are Helping Alleviate Loneliness

The University of Michigan’s Institute for Healthcare Policy and Innovation conducted a National Poll on Healthy Aging (NPHA) in January 2023, which asked 2,563 people between the ages of 50 and 80 about their social connections and any feelings of isolation they were experiencing in their lives. The poll’s findings revealed that many older people, [...]

By |2023-10-30T13:31:11-04:00October 31st, 2023|
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Why Isn’t Senior Living Pricing Shown on More Communities’ Websites?

In recent years, there has been a shift in mindset among senior living providers about showing pricing on their websites. In the past, you would rarely find senior living pricing clearly displayed on a community’s website. This was no oversight; it was a conscious choice based on an understanding of most people’s decision-making process. On [...]

By |2023-10-23T14:34:34-04:00October 24th, 2023|
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Cost of the Average Nursing Home Stay and How Billing Works

When family caregivers and home health care providers are no longer able to meet a person’s care needs, some families make the decision to move their loved one to a skilled nursing facility, also called a nursing home. It’s important to understand the potential costs of long-term care in a nursing home as well as [...]

By |2023-10-17T08:41:43-04:00October 17th, 2023|
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‘The Golden Bachelor’ & the 55 and Over Dating Scene

After being postponed due to the pandemic, the long-anticipated reality TV show “The Golden Bachelor” has finally hit the airwaves on ABC, and it is creating quite a buzz! To promote their show, ABC has even coordinated watch parties at active adult communities, senior centers, and long-term care communities across the country. But while the [...]

By |2023-10-09T15:55:38-04:00October 10th, 2023|
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The Emotional and Financial Cost of Dementia and Memory Care

In last week’s blog post, we shared how a home care provider’s assistance with activities of daily living (ADLs) can help older people remain in their home and independent for as long as possible. But we also shared that the cost of an in-home care provider is not typically covered by Medicare; it must be [...]

By |2023-10-02T18:04:02-04:00October 3rd, 2023|
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