We’ve written several blog posts recently that have garnered attention, including one on the growing market for luxury retirement communities, and a post on the ever-increasing number of affinity retirement communities. But as we’ve noted, it is important that the senior living industry also continue designing solutions that work for the so-called “Forgotten Middle” — [...]
What if you could live in a retirement community that offered services, amenities, and an atmosphere that rivals the world’s top hotels? This type of luxury senior living is exactly what some high-income older adults are looking for. There is rightly a lot of focus on increasing the affordability of senior living — now and [...]
One of the more common questions we hear from consumers about life plan communities (aka continuing care retirement communities or “CCRCs”) is how monthly CCRC fees adjust if one person is still living independently – sometimes called “residential living” – while the other requires care. The answer to this question differs depending on the residency [...]
We’ve all heard a lot of news stories lately related to the various generations of Americans — the Baby Boomers, the Millennials, the latest Alpha Generation, and so forth. However, many members of Gen X — those Americans born between 1965 and 1980 — have been dubbed with a second moniker — the “Sandwich Generation” [...]
One of the questions we often hear at myLifeSite relates to the types of health conditions that might preclude someone from moving into a life plan retirement community (traditionally referred to as a continuing care retirement community or “CCRC”). Indeed, a person may wait too long to make their CCRC move and then not qualify [...]
We often write about the staggering cost of long-term care. However, there is a subcategory of this type of care that can be particularly expensive for families: dementia care. A recent study examined this important topic and found that the cost of dementia care often eats up much of a person’s monthly income and quickly [...]
As we have shared many times, the majority of Americans — 77% of people age 50+ — say they want to remain in their home for as long as possible — sometimes referred to as “aging in place.” For many people, at the heart of this decision is a desire to remain in control of [...]
For some people, creating a trust as part of their estate planning process can be a savvy move to protect their assets and their legacy. But with so many different types of trusts, it can be confusing to know which type is right for your unique situation and objectives. Let’s take a look at what [...]
We all make countless decisions every day. Some are mundane, like what to have for breakfast. Others are much more consequential, like choosing a career, picking a life partner, or getting that tattoo. At the heart of every decision we make, there is a thought process that takes into account risks and rewards, past experiences, [...]
When family caregivers and home health care providers are no longer able to meet a person’s care needs, some families make the decision to move their loved one to a skilled nursing facility, also called a nursing home. It’s important to understand the potential costs of long-term care in a nursing home as well as [...]
