As we discussed in last week’s blog post, the “Peak 65” portion of the Baby Boomers — the generation’s final cohort to reach retirement age — faces a financial landscape that is promising for some but uncertain for many. Indeed, the contrast is striking: While Baby Boomers collectively control a significant portion of American wealth [...]
In 2024, the U.S. attained a momentous milestone as a country. That was the year that we reached what’s been dubbed “Peak 65,” referring to the youngest, largest, and final group of retiring Baby Boomers. Indeed, it may just be the largest influx of retirees in history as more than 4 million Americans will reach [...]
Continuing care retirement communities (CCRCs or life plan communities) offer a continuum of care, ranging from independent living to skilled nursing care, ensuring that residents’ care needs are met as they age. Many CCRCs require new residents to pay a sizable entry fee when they first move into the community, much of which is often [...]
Want to stay in your home as long as possible but also desire easy access to assistance and healthcare services later? The continuing care at home model could be the solution.
I wonder how many prospective residents of CCRCs or lifecare communities give up searching because they are overwhelmed by the comlexity of CCRC contracts and other details?
There is an active dating scene in many retirement communities, but there are also reasons for seniors to be cautious about starting an intimate relationship.
Research frequently shows that “aging at home” is the senior living preference for a majority of older adults. Yet some decide that a retirement community, such as moving to a CCRC (continuing care retirement community aka life plan community), better meets their long-term senior living goals. Among those who choose a CCRC, many cite [...]
If you’ve ever traveled to a country where you didn’t speak the language, you may have an idea of how it can sometimes feel to be a senior living prospect. In addition to all the other considerations in the decision process, prospects also must break through the clutter of the industry's senior living terminology. This [...]
Although the inauguration is now in the rearview mirror, there is still much debate about which issues factored into people’s decisions at November’s ballot box. A recent survey of older adults echoes many election exit polls, however, finding that retirees are growing less optimistic about the economy and their personal finances than in prior years. [...]
Choosing a retirement community can feel overwhelming for your prospects, especially when it comes to Life Plan Communities (also known as Continuing Care Retirement Communities, or CCRCs). One of the main reasons why is because people want to have confidence that their first choice will be the right choice. The fear of the unknown often [...]
