Understanding Annuities: A Clear Guide for Retirement Planning
If you follow this blog, you know I usually write about senior living and continuing care retirement communities (CCRCs or life plan communities). Choosing a retirement community is…
Topics
Topics
Not Ready for a CCRC? How to Decide and Prepare for the Move
Although most people who choose continuing care retirement communities (CCRCs) say they are pleased with their decision, many delay the move because they feel they are “not ready…
Overcoming Communication Barriers When Caring for Someone with Dementia
Dementia is not a single disease but a general term for a decline in cognitive abilities—such as memory, language, attention, and reasoning—that is severe enough to interfere with…
What Waitlists Reveal About the Future of Senior Living
We recently received an email from a myLifeSite user that caught my attention—not because it was unique, but because it reflects a trend we’re hearing across the country:…
Is Aging Independently Real? What It Means for Seniors
I recently read a PBS Newshour piece titled “How to Stay Out of a Nursing Home and Age Independently,” which summarized a Swedish study identifying factors that predict…
Senior Living Options That Keep Couples with Different Care Needs Together
A viral video from last year captured a moving reunion that highlighted a common issue for older couples. In the footage, an 89-year-old husband moved into his wife’s…
Can I Afford a Life Plan Community? Costs, Financing & Checklist
Before cofounding myLifeSite, I worked for 14 years as a financial advisor. In the final years of that role I focused on learning the senior living industry, especially…
Assessing Care Quality and Access at a CCRC Healthcare Center
It is somewhat ironic that when you choose to move into a continuing care retirement community (CCRC), also known as a life plan community, you hope you’ll never…
Designing the Future CCRC: Innovative Community Models for Aging Well
The senior living industry is undergoing a major transformation as baby boomers become the primary target demographic. This generation—shaped by the social and cultural changes of the 1960s—doesn’t…
Tax Deductions for CCRC Residents: What You Can Claim
At myLifeSite we often receive questions about whether residents of continuing care retirement communities (CCRCs or “life plan communities”) can claim medical expense tax deductions. Below we explain…
