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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.

Does Your Retirement Plan Overlook This Crucial Decision?

In a Forbes article from a few years back entitled “The Five Phases of Retirement Planning,” author Bernard Krooks discusses the various stages of retirement and steps that seniors should take to prepare for each. Krooks, an elder law attorney, defines “mid-retirement” as beginning at age 70, lasting as long as a person is still [...]

By |2025-09-23T09:14:20-04:00August 28th, 2017|
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Is “Aging Independently” a Myth?

I read an article recently from PBS Newshour entitled “How to Stay Out of a Nursing Home and Age Independently.” It discusses a recent study out of Sweden that identified several factors that predicted a senior’s likelihood of living independently into their 80s. Some may call this "aging independently." The study’s lead author, geriatrician Kristin Franzon, [...]

By |2023-08-03T09:45:04-04:00August 21st, 2017|
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The Voice of the Resident: Why the Senior Living Industry Should Listen

I’ve written previously about the importance of diversity on the board of directors for continuing care retirement communities (CCRCs, sometimes referred to as life plan communities). A board comprised of people from an array of backgrounds provides the community with unique perspectives and valuable input that helps ensure its long-term financial stability and success—a criterion [...]

By |2024-08-22T09:01:38-04:00August 14th, 2017|
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The Unexpected Costs of Caring for an Aging Parent

According to data collected by the National Alliance for Caregiving, there are over 66 million family caregivers in the United States. That translates to nearly 40 percent of the U.S. adult population…a stunning statistic. This number includes people who are caring for the sick or disabled, but the majority of these caregivers are assisting an elderly [...]

By |2023-12-19T15:11:15-05:00August 7th, 2017|
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The Unexpected Cost of Divorce in Retirement

You’ve probably heard the statistic that 40 to 50 percent of marriages in the U.S. ends in divorce, with an even higher percentage for subsequent marriages. While there’s no doubt that it is a common phenomenon, the reality is that the frequency of divorce is actually decreasing in our country as the Millennials begin to [...]

By |2023-12-19T15:06:06-05:00July 31st, 2017|
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What Will Retirement Communities Look Like in the Future?

The following is an excerpt from the revised second edition of my bestselling book, “What’s the Deal with Retirement Communities?”, available on Amazon.com. Geared toward retirees-to-be and their adult children, the book is designed to be the first step in your senior living research process — providing answers in a simple and concise fashion. The [...]

By |2023-12-20T17:44:56-05:00July 24th, 2017|
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Senior Wellness Programs: Good for CCRC Residents & The Bottom Line

“Wellness” is a term that gets used a lot in senior living, and depending on the context, it can have many different meanings. But when it comes to continuing care retirement communities (CCRCs, also called live plan communities) and other types of senior living options, “wellness” usually refers to any service or amenity that contributes [...]

By |2024-08-22T09:06:50-04:00July 3rd, 2017|
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Close-up: The AARP Long-Term Services & Supports Scorecard

I’m always eager to share resources for people who are interested in learning more about the senior living industry and related topics like long-term care. That’s why I was excited to hear about the most recent version of the AARP Public Policy Institute’s Long-Term Services and Supports (LTSS) State Scorecard Report. Ranking LTSS by state [...]

By |2023-08-04T20:04:20-04:00June 29th, 2017|
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CCRC vs. Rental Retirement Community: What Are the Differences?

According to Pew Research Center, approximately 10,000 Baby Boomers turned 65 today, and about that same number will reach retirement age every day for the next decade. That’s a lot of retirees! And that’s one of the reasons the retirement living industry is booming in our country with more and more senior living communities opening [...]

By |2023-08-04T19:59:33-04:00June 26th, 2017|
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The Senior Loneliness Epidemic & Solutions to “Cure” It

Isolation is the “silent killer” affecting an estimated 8 million seniors in the U.S., but it is an epidemic that often goes unnoticed and untreated, according to a panel of experts who testified before the Senate Special Committee on Aging in April of this year. On average, 40 percent of seniors are impacted by the [...]

By |2023-11-05T13:42:45-05:00June 19th, 2017|
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