Recently, I had the pleasure of speaking with two residents of Henry Ford Village (HFV) in Dearborn, Michigan. Let’s call them Dan and Mary. They were not a couple but had become friends over their time living in this continuing care retirement community (CCRC, or life plan community). I asked Dan and Mary the two [...]
I’m a planner; I like to be prepared for whatever the future might hold. This trait is in part what drew me to my previous career as a financial advisor, as well as the reason I’m now an advocate for continuing care retirement communities (CCRCs, or life plan communities), which provide their residents with the [...]
The following story is part of a joint project between myLifeSite and Senior Correspondent where we ask people to report on their senior living decision process. By Jim Patrick After retiring, my wife and I moved from our home in Seattle to Tucson, where we lived in an active senior retirement community and lived for [...]
Taxes have been a hot topic over the past few weeks and months as the president and GOP-controlled Congress try to push through changes that will impact millions of Americans—raising the tax bill for some while lowering it for others. If you’re like me, you may be trying to figure out which of these two [...]
I recently visited a beautiful continuing care retirement community (CCRC, or life plan community) in Tulsa, Oklahoma, and was struck by how very attractive and welcoming it was. After staying overnight in a comfortable guest suite, I woke up to take a sunrise jog. There was a walking/jogging trail that winded around the community, over [...]
“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 [...]
Retirement. It tends to be a catch-all word that generally refers to the light at the end of the tunnel after years of hard work. It’s a time to enjoy the things in life that matter the most, like family, travel, and leisure activities. After all, you’ve put in your time and earned it! But [...]
While states like Florida, Arizona, and Texas have become major retirement destinations because of their year-round warm climates, Florida is still considered the “Mecca” for many retirees. In fact, with 3.6 million seniors, the state of Florida has the largest percentage of people age 65 and older (20 percent), and its number of senior residents [...]
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 data collected by the National Alliance for Caregiving, there are over 66 million family caregivers in the United States. That translates to nearly 40 percent of the U.S. adult population…a stunning statistic. This number includes people who are caring for the sick or disabled, but the majority of these caregivers are assisting an elderly [...]
