One of the major draws of a continuing care retirement community (CCRC, aka, a life plan community) is the on-site availability of a continuum of care services, should a resident need it. It’s a key feature that defines this type of senior living community. You may have seen our recent video on how a CCRC [...]
Research has found that somewhere between 50 and 70 percent of people over the age of 65 will require care services at some point, meaning they’ll need assistance with at least a couple of activities of daily living and possibly even a higher level of care. Approximately 20 percent of people receiving such long-term care [...]
If you follow our social media accounts, you may have seen our post last week about a recent AARP article on the financial burdens that can accompany family caregiving. The article shared the story of a woman named Amy whose parents were both in their 80s and in failing health when they moved into the [...]
Last week, I wrote about the true cost of remaining in your current home as you grow older. As I reflected on the post, I began to wonder whether it inadvertently came across as a sales pitch for life plan communities, also known as continuing care retirement communities, or CCRCs. I was bothered by this [...]
Again and again, research finds that most senior adults say they want to remain in their home, at least as long as possible. While there are many reasons for this, cost is a consideration. Many people believe that it will cost less for them to remain in their existing home than to move to a [...]
According to the U.S. Department of Health and Human Services (DHHS)’s Administration on Aging (AOA), around 70 percent of people over the age of 65 will require long-term care services at some point in their life. This means they will need assistance with at least two activities of daily living (ADLs) such as eating, dressing, or [...]
When someone is seriously ill, either with a chronic disease or an acute health condition, their loved ones are often tasked with making a series of difficult choices. Among these may be decisions about long-term care, which many times, they are unprepared to make either emotionally or because they lack good information. In such uncharted [...]
If you’ve been to the grocery store lately, you may have experienced some sticker shock. According to USDA forecasts, grocery prices are expected to increase an average of 3 percent this year. This surge is being led by beef prices, which are predicted to rise by 8 percent versus 2019 costs, as well as pork, [...]
While aging at home continue to be the preference for the majority of older adults, residents of continuing care retirement communities (CCRCs or life plan communitis) cite access to a full continuum of care services as a main motivator for making a move. In fact, according to number consumer surveys done by myLifeSite, access to [...]
