Adult Care: Finding and Paying for Care You’ll Need
Most Americans do not realize (or are in denial) about their likelihood of needing adult care as they age.
Most Americans do not realize (or are in denial) about their likelihood of needing adult care as they age.
In an attempt to appeal to more members of the Baby Boomer generation, retirement communities are upping their game, providing a huge range of services and activities.
Many falls are the result of poor balance, an ability which naturally declines as people age. However, recent research out of Australia shows that older adults can actually improve their sense of balance through regular exercise…
Generally speaking the refundable portion of the entry fee at a continuing care retirement community is not taxed as income when received by the resident or their heirs. But there are exceptions.
With bonuses, raises, and promotions in the past, seniors often find a great deal of personal satisfaction in volunteer activates, as well as health benefits.
…could some of the aging process simply be a state of mind? A recent study out of Ireland suggests that the answer is “yes.”
Upcoming presentations by My LifeSite President, Brad Breeding, in OK, WI, and PA on the topic of choosing a continuing care retirement community, or life plan community.
This is a question I hear a lot from future and prospective residents of continuing care retirement communities. In some cases the answer is yes, but it does not necessarily mean that a resident will not still benefit from the policy.
More and more CCRCs and Life Plan Communities are recognizing that the logistics of moving are a huge roadblock for their prospects and are thus finding new ways to alleviate some of this stress. These retirement communities are hiring move-in coordinators who take on a variety of tasks previously left to the senior and their family members.
One of the main reasons older adults put off downsizing is dealing with all the “stuff” that has accumulated over the years. Yet, if done right, the process of downsizing may not be as daunting as you think.