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.
myLifeSite Blog Archives provides information and guidance on senior living, life plan communities, CCRCs, independent living, and closely related topics from myLifeSite.
We’ve written before about the ever-growing demand for “green” retirement communities — 55-plus communities that put a focus on planet-friendly design and practices. It is clear that the senior living industry must find ways to develop the “green” housing options that today’s seniors are clamoring for. Increasingly, the evidence shows that green senior living communities [...]
I’ve seen a lot of articles lately on reversing the aging process and all of the research and technology being developed around it. Yet at the same time, there’s a huge movement around fighting ageism. There’s been a ton of progress on that front as well. So, it strikes me: Are those two ideas at [...]
There was an article posted recently on CNN.com about the challenges some adult children have when initiating a conversation with aging parents about their future. The article notes the reluctance of many older people to have “the talk” and plan for the “what ifs” that come with their mortality. Oftentimes, the article explains, people prefer [...]
For fiscal year 2020, 76.5 million Americans were enrolled in Medicaid, including 6.4 million seniors. Medicaid is the single largest payer for long-term care in this country. In part, that’s because the cost of long-term care can be so exorbitant — averaging $51,600 a year for assisted living and $93,000 for a semi-private nursing home [...]
So, you’ve been thinking a retirement community could make sense for you. It can be an attractive senior living option for a number of reasons: the social interactions and relationships, activities and amenities, care services (when available), peace of mind … and the list goes on. But how do you choose the right community for [...]
As I’m sure you’re aware, COVID-19 cases are surging as a result of the Delta variant. In many areas, hospitals are exceeding capacity as more and more people — especially the unvaccinated — fall seriously ill. It is easy to feel forlorn reading headlines about another round of potential restrictions, remembering the isolation and loneliness [...]
You’ve probably seen the “help wanted” signs at businesses across the country. Many industries are desperate to hire enough staff to meet demand and are looking at different ways to entice prospective employees to apply. Yes, higher starting wages is one obvious incentive, but some companies are offering education reimbursement as well. Perhaps most notably, [...]
I recently wrote about potential tax deductions for residents of a continuing care retirement community (CCRC, or life plan community). In short, depending on your individual tax situation, a deduction may be available to you on a portion of your CCRC entry fee, as well as a portion of your ongoing monthly fees since they [...]
This past week, I was reminded of why I find such fulfillment in my work. I had just finished an educational presentation for prospective residents at beautiful Ventana by Buckner, a continuing care retirement community (CCRC) in Dallas, Texas, and was enjoying lunch at a table with four of the attendees. The two delightful ladies [...]
A lot of people ask me about the average age of residents in a CCRC senior living community. For continuing care retirement communities (CCRCs, or life plan communities), we know the average age at move-in is in the early 80s. Of course, this is an average. Newer communities normally have a younger average move-in age; [...]