On May 21, I am scheduled to speak at River’s Edge, New York City’s first life plan community (also called a continuing care retirement community or CCRC). River’s Edge is being developed by the not-for-profit RiverSpring Health, which operates several senior living and healthcare properties in the Bronx. I have toured many life plan communities … Read more

Many older adults choose to remain in their own homes, and a common reason given is that it’s more affordable than moving into a retirement community. While this can be true in certain situations, the actual cost savings are often smaller than people expect. That’s because most older adults who stay at home rely heavily … Read more

If you already own a long-term care insurance policy (LTCI) or are considering purchasing one, it’s important to understand how these policies work and what they cover. Adult children and other family caregivers should also become familiar with the details of a parent’s coverage, since they are often responsible for coordinating benefits when care becomes … Read more

Generally speaking, do you see the glass as half-full or half-empty? We all experience moments of optimism and pessimism, but growing evidence suggests that a more positive mindset can improve mental and physical health and may even contribute to longer life. Recent research indicates that finding the silver lining can boost overall wellbeing, especially for … Read more

Choosing an assisted living community for yourself or a loved one is an important decision that affects health, comfort, and quality of life. Beyond services, amenities, and reputation, one crucial factor to evaluate is a community’s safety record. Understanding how a facility manages risks, trains staff, and prepares for emergencies will help you make a … Read more

In the United States, an increasing number of people are stepping into the role of caregiver for an aging family member. A 2015 study by The National Alliance for Caregiving found that more than 34 million adults provide care for a senior. Most caregivers are women (about 60 percent), and the average caregiver is 49 … Read more

The death of a spouse or partner is among the hardest life experiences a person can face. It demands profound psychological and behavioral adjustment, and a large body of research confirms its intense impact. The Changing Lives of Older Couples (CLOC) study, conducted by researchers at the University of Michigan, followed 1,532 married men and … Read more

Vacation season is here, and after a year of lockdown many people are ready for a change of scenery. If you are near retirement, this time may prompt you to consider buying a second home — either to split your time between two residences or to make your new home your primary residence in retirement. … Read more

Choosing a retirement community requires careful research. Your decision will hinge on many factors—care services, location, amenities and quality ratings—but price is often one of the most important considerations. When comparing costs side by side, make sure you compare like with like. Understand exactly which services are included in the quoted price so you can … Read more

I recently stayed overnight at a retirement community where I had been invited to give a talk. Early one morning I went to the community library for coffee and to catch up on emails. As I opened my laptop, I overheard a resident in the hallway tell a maintenance staff member that his daily newspaper … Read more