A recently released FBI report (PDF) reveals some startling statistics on elder fraud in the U.S. Financial crimes targeting those age 60 and over reached at least $3.4 billion in reported losses in 2023, up 11% from $3.1 billion in 2022. The number of reported victims was also up 14% in 2023 with 101,068 complaints [...]
Here at myLifeSite, we typically write about senior living and closely related topics such as retirement lifestyles and aging. However, since our founders have a background in finance, and since finance is a big part of the senior living decision — particularly as it relates to life plan communities (aka continuing care retirement communities, or [...]
There are many advantages to choosing a life plan community (also known as a continuing care retirement community or CCRC) including an array of amenities and services to make your retirement carefree, plus access to a full continuum of on-site care services, if needed. If you’re considering a CCRC, you may have questions around managing [...]
