The Cost of Assisted Living: What You Need to Know
When researching the cost of assisted living facilities it is important to understand how pricing works.
Why Do Many Retirement Community Residents Say, ‘I Wish I’d Moved Sooner’?
We often discuss older adults’ reasons for delaying a senior living move. Some of the top justifications for putting off such a move include not wanting to deal with downsizing, not feeling “old enough” or “ready,” and concerns about cost. And as we wrote about last week, another key roadblock is a fear of losing [...]
Aging at Home or in a Senior Living Community: The Freedom of Choice
We often talk and write about the fact that a majority of today’s older adults say they want to remain in their home as they grow older. But what are the motives behind this preference? A recent study conducted by The Associated Press (AP)-NORC Center for Public Affairs Research highlights some of the top explanations [...]
Senior Living Affordability: A Top Priority For Choosing a Retirement Location
When planning for your retirement, selecting the right place to live becomes a major part of your decision. There are many factors to consider when thinking about where you will want to live — among them proximity to family, climate, and community type. But the importance of cost in this decision process cannot be overstated. [...]
How Will You Fund a Move to a Life Plan Community?
As older adults explore the vibrant lifestyle and peace of mind offered by life plan communities, also referred to as continuing care retirement communities (CCRCs), one of the top considerations is how to fund the associated costs, particularly if it is an entry fee community. We recently co-created a free guide, alongside our colleagues at [...]
CCRC Entry Fee Refunds Explained
Many entry fee retirement communities offer residents the choice of a refundable entry fee as an alternative to a traditional, declining balance contract. Learn more about the trade-offs in this blog post from My LifeSite.
Factoring Climate Change into Senior Living Decisions
Hurricane Beryl recently left more than 2.2 million Houston homes and businesses without power — some for nearly two weeks. Since the storm’s direct hit on July 8 as a Category 1 hurricane, more than a dozen Houstonians have died from heat-related causes, many of whom were vulnerable older adults. This is just the most [...]
Addressing the Growing Number of Homeless Older Adults
You may have seen news reports about the growing incidence of homelessness in the U.S. In particular, one of the demographics that is growing in number is homeless older adults. There are a number of factors that are contributing to this troubling trend. What can we as a nation do to help ensure older members [...]
Can Retirement Communities Help Prevent a Sedentary Lifestyle?
The advent of streaming services like Netflix and Hulu have made it easier than ever to binge-watch your favorite shows. But as tempting as a good “Netflix and chill” session might be, research continues to mount showing the adverse health consequences of a sedentary lifestyle. While the impact on older adults’ health can be particularly [...]
What’s the Difference Between a Nonprofit and Not-For-Profit?
When presenting at retirement communities and other venues across the country, we get asked a lot of great questions by our attendees. Recently, someone asked a question that others might have wondered about too: What is the difference between a nonprofit and a not-for-profit organization? It’s a great question because while it may sound like [...]