No matter where you decide to live in retirement—a retirement community or “aging in place” in your home—AARP’s Livability Index can help you make an informed choice. The Index ranks communities on 60 different factors within seven broad categories: housing, neighborhood, transportation, environment, health, engagement and opportunity.
Although Tax Day has come and gone, seeking savings on your taxes is a year-round pursuit. If you or a loved one are considering residency in a continuing care retirement community (CCRC), you may be surprised to learn about the tax benefits that could be available to you.
The Genworth 2015 Annual Cost of Care Study confirms that long-term care expenses are increasing. While the cost of in-home health services is rising gradually (about 1.6 percent annually during the past five years), the annual cost of care in an assisted living facility or private nursing home is now $43,200 (a 2.5 percent increase) and $91,250 (up 4 percent), respectively.
If you plan to retire at home (age in place), new information in a report from the Gerontological Society of America indicates that your connectedness to your community can have a meaningful impact on your health and well-being as you get older.
A BIG thank you to the Clare Oaks Senior Living for the invitation to speak earlier this week, and congratulations to the marketing staff for such a great turnout; 86 people (49 families) in attendance! It's always a pleasure having the opportunity to help educate families who recognize the value of planning ahead for [...]
Two-thirds of retirees will likely move at least once during retirement, according to the most recent Merrill Lynch/Age Wave survey. Where they choose to live is determined by a confluence of factors including, the cost of living and tax rates, incidents of crime, health care access and quality, community well-being and the weather.
A BIG thanks to Emerald Communities, just outside of Seattle, WA, for inviting me to speak to prospective residents at their two locations last week. The marketing teams at Emerald and Glynn Devins should be commended for generating such a great turnout; approximately 100 prospective residents (75 households) attending the two events! Today's consumer wants [...]
Segregation is defined as a separation between groups of people, usually by race, gender, culture, or ethnicity. However, emerging research highlighted in a recent Boston Globe story indicates that ageism—dividing people by age or generation—has become rampant in our society. This trend has sociologists and other researchers concerned, particularly as the older population is expected to increase dramatically over the next twenty years.
In recent posts I have noted the conclusion from multiple studies: a majority of people would prefer to age at home in retirement. However, each retiree is an individual, with unique circumstances and needs, and some argue that ‘aging in place’ may not be the best choice for everyone.
When you compare one continuing care retirement community (CCRC) to another, you will likely consider the community’s size, amenities, culture, and location, among other features. However, it is also important to look behind-the-scenes at the CCRC’s infrastructure, starting with its board of directors. Although a CCRC is “home” to its residents, it is also a [...]