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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.

Can I Use My Long-Term Care Insurance in a CCRC?

This is a question I am often asked, and it seems I’ve been getting the question with more frequency lately. Although I’ve written on this topic a few times before, I want to give a concise overview of what you need to know about using your long-term care insurance policy in a CCRC, including some [...]

By |2023-08-03T09:41:39-04:00December 16th, 2019|
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A Secure Future: An Actuarial Perspective on CCRC Financial Viability

If you are a regular follower of our blog then you know I am a fan in general of life plan communities, also referred to as CCRCs or “continuing care retirement communities.” Just this week, I spoke with a resident of a CCRC who told me she had lived there for 16 years, and it [...]

By |2023-08-03T09:41:39-04:00December 9th, 2019|
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The Environmentally Sustainable CCRC of the Future

It seems like every time you turn on the news, there is a report about the climate crisis and startling trends about global warming. With future generations in mind, more and more retirees are making environmentally conscious decisions about their senior living options. In my book, What’s the Deal with Retirement Communities (which makes a [...]

By |2023-08-03T09:41:40-04:00December 2nd, 2019|
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3 Reasons Seniors Delay a CCRC Move & Why They Should Reconsider

According to AARP’s most recent survey of adults age 50 and over, 76 percent of seniors want to remain in their homes for as long as possible. I’ve seen other surveys that put that figure at upwards of 90 percent. Whichever source you consider, the consensus seems to be that a large majority of retirees would prefer [...]

By |2024-01-19T21:52:17-05:00November 25th, 2019|
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How Technology Is Reducing Long-Distance Caregiver Burden

Over the summer, I wrote about the challenges that can come with long-distance caregiving, defined as living more than an hour from the care recipient. While serving as a caregiver for a loved one under any circumstances can present a number of challenges, long-distance caregiving has its own unique set of difficulties. Long-distance caregivers have [...]

By |2023-08-03T09:41:40-04:00November 18th, 2019|
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Could Political Divisions Hurt the Senior Living Industry?

Recently I’ve observed more prospective residents of continuing care retirement communities (CCRCs, life plan communities) who are asking about the political affiliations of the resident population as part of the research process. And just this past week, I received a thought-provoking email from a resident of a CCRC. She was inquiring if I knew of [...]

By |2023-08-03T09:41:41-04:00November 11th, 2019|
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A Sense of Wellbeing Leads to a Longer Life: How CCRCs Can Help

Study after study has found that having a sense of happiness and a positive attitude is the key to wellbeing and living longer. A sunny outlook can help enhance your work performance, improve interpersonal relationships, boost your immune system, help you sleep better, and improve your overall health, all of which can help you live [...]

By |2023-08-03T09:41:41-04:00November 4th, 2019|
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Examining Key Figures on Long-Term Care Insurance

Last year, 350,000 Americans bought a long-term care insurance (LTCi) policy, and over 7 million people currently maintain a policy. This is a fairly low adoption rate given that there are over 80 million Americans who are age 55+. Recent data from the American Association for Long-Term Care Insurance (AALTCI) reveals some interesting facts about [...]

By |2023-08-03T09:41:42-04:00October 28th, 2019|
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Bon Appetit: CCRCs Opening Their Dining Facilities to the Public

I read an article this past week about several Pennsylvania retirement communities, including some continuing care retirement communities (CCRCs or life plan communities), that are opening up their dining facilities to the public. While non-residents are jumping at this new restaurant option, the eateries’ open-door policy benefits the retirement communities and their residents too. A [...]

By |2023-08-03T09:41:42-04:00October 21st, 2019|
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Adult Children’s Differing Perspectives on Aging Parents’ CCRC Move

The decision to move to a continuing care retirement community (CCRC or life plan community) is rarely made in a vacuum. There are many people—in addition to the prospective resident—who can be impacted by the choice and whose opinions are considered in making a decision about a CCRC move. Often chief among these influencers are [...]

By |2023-08-03T09:41:59-04:00October 14th, 2019|
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