I’ve written previously about the importance of diversity on the board of directors for continuing care retirement communities (CCRCs, sometimes referred to as life plan communities). A board comprised of people from an array of backgrounds provides the community with unique perspectives and valuable input that helps ensure its long-term financial stability and success—a criterion [...]
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 [...]
You’ve probably heard the statistic that 40 to 50 percent of marriages in the U.S. ends in divorce, with an even higher percentage for subsequent marriages. While there’s no doubt that it is a common phenomenon, the reality is that the frequency of divorce is actually decreasing in our country as the Millennials begin to [...]
The following is an excerpt from the revised second edition of my bestselling book, “What’s the Deal with Retirement Communities?”, available on Amazon.com. Geared toward retirees-to-be and their adult children, the book is designed to be the first step in your senior living research process — providing answers in a simple and concise fashion. The [...]
According to the latest jobs report from the U.S. Bureau of Labor Statistics, in June, the healthcare sector added 37,000 jobs. As the country’s population grows older, the need for more employees in the healthcare services and senior care field, including what’s referred to as “direct care” workers–like home health aides, personal care aides, and [...]
“Wellness” is a term that gets used a lot in senior living, and depending on the context, it can have many different meanings. But when it comes to continuing care retirement communities (CCRCs, also called live plan communities) and other types of senior living options, “wellness” usually refers to any service or amenity that contributes [...]
I’m always eager to share resources for people who are interested in learning more about the senior living industry and related topics like long-term care. That’s why I was excited to hear about the most recent version of the AARP Public Policy Institute’s Long-Term Services and Supports (LTSS) State Scorecard Report. Ranking LTSS by state [...]
According to Pew Research Center, approximately 10,000 Baby Boomers turned 65 today, and about that same number will reach retirement age every day for the next decade. That’s a lot of retirees! And that’s one of the reasons the retirement living industry is booming in our country with more and more senior living communities opening [...]
Isolation is the “silent killer” affecting an estimated 8 million seniors in the U.S., but it is an epidemic that often goes unnoticed and untreated, according to a panel of experts who testified before the Senate Special Committee on Aging in April of this year. On average, 40 percent of seniors are impacted by the [...]
I frequently have the privilege of talking with prospective residents of continuing care retirement communities (CCRCs, or life plan communities) who are visiting different locations in order to better educate themselves on their options. Some have already definitively determined that they want to move to a CCRC and just need to decide which one best [...]
