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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.

Financial Caregiving: A Topic No One Wants to Discuss

Money. Even under the best of circumstances, it’s a subject few people want to discuss…even with individuals in their own family. But as people age, it becomes important—and sometimes necessary—that the senior’s adult children or another trusted person has an understanding of their financial situation—what is sometimes referred to as “financial caregiving.” It happens too [...]

By |2023-08-05T14:10:42-04:00September 17th, 2018|
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The Key Difference Between Social Isolation & Loneliness

A few weeks ago, Bluespire Insider, a marketing group that focuses on promoting senior living communities, hosted a virtual roundtable conversation about innovative ways to encourage social connections for residents of continuing care retirement communities (CCRCs, or life plan communities), a subject I’m always interested in learning about. The roundtable was led by John Franklin [...]

By |2024-01-18T08:26:53-05:00September 10th, 2018|
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Why the Future is Now for This Senior Living Provider

Two weeks ago, I had the pleasure of facilitating a workshop for representatives of not-for-profit Kendal Corporation’s senior living communities where we discussed trends, disruptors, threats, and opportunities faced by today’s continuing care retirement communities (CCRCs or “life plan communities”). More specifically, we discussed how each of the above should be considered in Kendal’s 5-year [...]

By |2023-08-03T09:42:58-04:00September 3rd, 2018|
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“Being here feels right”: A Firsthand Account of Moving to a CCRC

In last week’s blog post, I discussed my belief that all retirees should at least consider the possibility of moving to a retirement community. No, it won’t be the right senior living choice for everyone, but I would encourage everyone to at least look at this option with an open mind; while weighing out the [...]

By |2023-08-03T09:42:58-04:00August 27th, 2018|
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Why Every Retiree Should Consider a Retirement Community

There are certain adages I distinctly recall my mother saying when I was a child. Among her repertoire of time-tested axioms: “Don't judge a book by its cover,” “Things are not always what they seem,” plus, of course, “You won't know until you try.” (And yes, in a karmic twist, I now say these exact [...]

By |2023-08-03T09:43:14-04:00August 20th, 2018|
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Medicaid Trusts and Continuing Care Retirement Communities

I was speaking to a group of prospective residents for a new life plan retirement community (also known as a continuing care retirement community, or CCRC) when a question came up about “Medicaid trusts” and how the existence of one could impact a resident of a CCRC. More specifically, I had finished a discussion about [...]

By |2023-08-03T09:43:14-04:00August 13th, 2018|
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Can I Afford a Life Plan Community?

Prior to cofounding myLifeSite, I spent 14 years as a financial advisor. During my last couple of years in that role, I took it upon myself to learn as much as I could about the senior living industry and, in particular, life plan communities (also known as continuing care retirement communities or CCRCs). It seemed [...]

By |2023-10-20T12:26:40-04:00August 6th, 2018|
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The Impact of Socioeconomics on Positive Aging

In last week’s blog post, I wrote about 90-year-old oil tycoon T. Boone Pickens and his inspiring attitude about growing older, despite several recent health setbacks. In the article, Pickens suggests being “the eternal optimist who is excited to see what the next decade will bring.” He continues: “I remain excited every day, engaged and thrilled [...]

By |2024-05-27T15:58:00-04:00July 30th, 2018|
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Positive Aging: Changing Your Mindset About Growing Older

What is your attitude about the aging process? Do you view it as a positive rite of passage or a negative phenomenon that must simply be endured? I recently read an inspiring article written in 2017 by oil tycoon T. Boone Pickens in which he reflects on his life’s “fourth quarter.” Having suffered several strokes [...]

By |2023-08-03T09:43:15-04:00July 23rd, 2018|
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4 Ways to Pay for Long-Term Care Services

The phrase “long-term care” refers to a spectrum of care services that people may need — sometimes including skilled nursing/medical care, but often non-medical help with the basic self-care responsibilities of everyday life, also known as activities of daily living (ADLs). This type of long-term care, also called assisted living, may include things like bathing, [...]

By |2023-11-23T23:44:53-05:00July 9th, 2018|
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