In last week’s blog post, I discussed the steps you and your family can take in advance of a healthcare emergency to reduce some of the stress of a difficult situation—what’s referred to as “pre-crisis planning.” From exploring assisted living facilities in your area to working with an experienced financial advisor to prepare your assets, [...]
“Planning for a crisis”: It almost sounds like an oxymoron. But as we grow older, it becomes a matter of practicality. Yes, we’d all like to think that we will be healthy and able-bodied for the rest of our lives, but unfortunately, that’s not always the case. And that’s where planning for a crisis comes [...]
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 [...]
In a Forbes article from a few years back entitled “The Five Phases of Retirement Planning,” author Bernard Krooks discusses the various stages of retirement and steps that seniors should take to prepare for each. Krooks, an elder law attorney, defines “mid-retirement” as beginning at age 70, lasting as long as a person is still [...]
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 [...]
I’m always eager to share resources for people who are interested in learning more about the senior living industry and related topics like long-term care. That’s why I was excited to hear about the most recent version of the AARP Public Policy Institute’s Long-Term Services and Supports (LTSS) State Scorecard Report. Ranking LTSS by state [...]
A recent report from the CDC shows the first decrease in lifespans in the U.S. since 1993. Despite this decline, many continuing care retirement communities (CCRCs) assert that their residents live 1.5 to 2 years longer than the average senior. But is there actual research to support this CCRC claim?
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.
This is Part 1 of a multi-part series describing key components of long-term care insurance policies.
