I enjoy receiving comments and feedback from people who read our blog and use the myLifeSite tools; they offer so many valuable insights into the senior living decision process. I recently got an email from a myLifeSite reader who told me that she and her husband are fully committed to moving to a continuing care [...]
According to the latest jobs report from the U.S. Bureau of Labor Statistics, in June, the healthcare sector added 37,000 jobs. As the country’s population grows older, the need for more employees in the healthcare services and senior care field, including what’s referred to as “direct care” workers–like home health aides, personal care aides, and [...]
This is a special guest blog post by Aaron Skloff, AIF, CFA, MBA, and CEO of Skloff Financial Group, highlighting the three questions he is most frequently asked about long-term care insurance policies.
From legal reform to well-organized advocacy groups, the U.S. is generally becoming a more tolerant place for members of the LGBT community. And as the number of openly LGBT seniors continues to grow, more and more senior living communities are looking for ways to welcome them with open arms.
As you are looking at the side-by-side costs of retirement communities, you must ensure you are making an apples-to-apples comparison about what services are and are not included in the pricing so that you may draw a fully informed conclusion about which senior living option is right for you.
The total amount of long-term care that older adults require, on average, may be longer than you think when you take into consideration all levels of care.
Plan better for long-term care learning more about the odds of requiring assisted living and other long-term care services.
Many seniors, or perhaps adult children doing research on behalf of a parent, often wonder whether one of these senior living options is affordable. To help answer this question, it is important to be aware of the various payment options available.
By educating yourself about the different types of CCRCs and considering your unique situation, you can make an educated decision about the type of contract that is best for you.
During my years as a financial planner I would often hear people in retirement say that they had already planned for the latter stages of retirement because they had purchased long-term care insurance. In fact, there was a time when I, too, felt that owning long-term care insurance was a plan.
