As the senior living industry continues to evolve, much of the conversation has focused on two major trends: older adults choosing to remain in their current homes (aging in place) and the growing popularity of active adult communities that appeal to younger retirees. But there’s a less obvious, yet potentially more disruptive force also quietly [...]
Retirement marks a new chapter in life. More flexibility coupled with less responsibility can present the opportunity for retirees to pursue their interests, like travel. For a growing number of older Americans with the travel bug, this includes exploring our nation in a recreational vehicle (RV) or camper. Traveling in an RV allows you to [...]
The future of senior living is one of the most talked-about topics in the industry — and for good reason. The next generation of older adults brings new expectations and preferences when it comes to retirement lifestyle and housing. And this topic is especially pertinent as the oldest baby boomers turn 79 this year — [...]
Among the many joys I find in working at myLifeSite are the opportunities I get to meet and talk with fascinating people across this country. While recently speaking at La Vida Llena, a life plan retirement community in Albuquerque, New Mexico, I met a gentleman named Don. He and his wife, Glyndon, moved into La [...]
Is it a wise decision to move to be closer to grown children or grandkids during retirement? There are many considerations that should be weighed.
Many retirees are not aware of an important tax deduction available to some new residents of continuing care retirement communities (CCRCs).
I have stayed in many guest suites that were outstanding. They were clean, comfortable, and inviting. The TVs worked, the walls were in good shape, the bathrooms were clean, etc. Yet, other times I am quite surprised by what I find.
According to a 2024 AARP survey (PDF), approximately two-thirds (65%) of older Americans traveled last year. This same survey revealed that as many as 75% of older adults have a “travel bucket list” — places they want to visit during their life. This group with the “travel bug” includes the youngest batch of Baby Boomers, [...]
As older adults ponder various senior living options, it can be helpful to understand an important piece of legislation that affects many 55+ communities: the Housing for Older Persons Act (HOPA) of 1995. This law was created to protect age-restricted retirement communities that are designed specifically for older adults while maintaining certain standards of fairness [...]
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 [...]
