What’s the True Cost of Staying in the Home?

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 [...]

By |2023-08-03T09:31:53-04:00February 22nd, 2021|

What Will Long-Term Care Cost and How Long Will I Need It?

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 [...]

By |2024-04-26T11:13:47-04:00December 14th, 2020|

Inflection Point: Our Nation’s Ever-Growing Long-Term Care Crisis

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 [...]

By |2024-06-21T18:49:52-04:00November 2nd, 2020|

Many People Underestimate Their Future Cost of Care

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, [...]

By |2023-08-03T09:32:19-04:00August 10th, 2020|

Crunch the Numbers: Aging at Home vs. Moving to a CCRC

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 [...]

By |2024-03-06T22:12:14-05:00February 25th, 2019|
Go to Top