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|

Is a CCRC a Good Financial Fit for You?

Prior to starting myLifeSite, I spent nearly 14 years in the financial planning business, helping many older adults manage their retirement and long-term care plans. In fact, it was during my time in the industry that I recognized a need for better guidance related to complex senior living decisions, particularly when it comes to navigating [...]

By |2024-06-30T16:39:32-04:00August 19th, 2019|

“The Last Move”: Confronting Mortality with Your CCRC Decision

I recently heard an interesting story on Charlotte’s NPR station about the influx of people who are choosing to retire in North Carolina and the resulting need for more senior living and care options in the state. The piece discussed several new continuing care retirement communities (CCRCs, or life plan communities) that are under construction [...]

By |2023-08-04T17:25:06-04:00October 29th, 2018|

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|

Calculating the Affordability of a CCRC (life plan community)

My experience in talking with prospective residents is that, from a financial perspective, the question is not so much about “can I afford it” as much as it is “to what extent can I afford it?” Many who are considering moving to a Continuing Care Retirement Community want a better understanding of what the financial impact to their estate could be based on a range of possible scenarios.

By |2023-08-03T08:22:22-04:00July 16th, 2014|
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