A defining benefit of a continuing care retirement community (CCRC), also called a life plan community, is the on-site continuum of care available if a resident’s needs change. That on-site care—whether assisted living, memory care, or skilled nursing—helps couples remain near one another and maintain community connections while one partner receives higher-level services. We produced … Read more
Before founding myLifeSite, I spent nearly 14 years in financial planning, helping many older adults manage retirement and long-term care finances. During that time I repeatedly saw how challenging senior living decisions can be—especially when evaluating continuing care retirement communities (CCRCs), also known as life plan communities. The contracts, fee structures, and future health-care costs … Read more
As we age, the years often seem to pass more quickly. The holidays offer a chance to pause, reflect on priorities, and recommit to what truly matters—whatever that may be for you. As Benjamin Franklin observed, “Dost thou love life? Then do not squander time, for that’s the stuff life is made of.” 2023’s top … Read more
We all make countless decisions every day. Some are small and routine, like choosing breakfast, while others carry greater consequences, such as selecting a career, choosing a life partner, or deciding where to spend retirement. Every decision involves weighing risks and rewards, drawing on past experience, confronting biases, and sometimes trusting gut feelings. Some choices … Read more
Research shows that between 50% and 70% of people over 65 will need long-term care at some point, requiring assistance with at least a few activities of daily living (ADLs) and, in some cases, more intensive care. About 20% of those who receive long-term care need it for 2 to 5 years, while roughly 13% … Read more
With the start of a new year, many people consider small changes that could boost their health and happiness. You might plan to exercise more, eat better, spend more time with loved ones, or return to a cherished hobby. These are all valuable goals, but another simple habit can also support overall well‑being: practicing gratitude. … Read more
Last week I had the pleasure of visiting Christwood retirement community to speak at a marketing event. Christwood is a continuing care retirement community (CCRC), also known as a life plan community, located about 45 minutes from New Orleans just across Lake Pontchartrain. Marketing director Elizabeth Jackson, who has worked at Christwood for about six … Read more
When choosing a continuing care retirement community (CCRC), also known as a life plan community, it’s natural to have many questions. At MyLifeSite we regularly cover contract types, financial considerations, healthcare services, and other key topics to help you make an informed choice. There are also less obvious but important questions to ask when evaluating … Read more
Continuing care retirement communities (CCRCs), also known as life plan communities, provide a full continuum of care—from independent living through assisted living and skilled nursing—so residents’ needs are met as they age. Many CCRCs require a substantial upfront entry fee when a resident moves in. Often part or most of that fee is refundable under … Read more
Creating a trust can be a smart part of estate planning for many people who want to protect assets and preserve their legacy. With multiple trust types available, it can be hard to know which one best fits your situation. Below is a clear explanation of what a trust is, how it works, and the … Read more