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
Image credit: Business Insider Although marijuana remains illegal at the federal level, recreational and medical cannabis use has been legalized in multiple states and Washington, D.C., for adults over 21. Medical cannabis is also allowed in many other states. As legal access has expanded, use has increased across many age groups — notably among older … Read more
In a Forbes article from several years ago titled “The Five Phases of Retirement Planning,” Bernard Krooks, an elder law attorney, outlined stages of retirement and practical steps seniors should take to prepare for each one. Krooks describes “mid-retirement” as beginning around age 70 and lasting while a person remains active and largely independent. During … Read more
As you explore senior living choices, you may encounter what’s commonly called an “active adult community.” These are age-restricted or age-qualified neighborhoods for people 55 and older, typically meaning at least one resident in a household must be 55 or older. What defines an active adult community? Active adult communities, also known as active adult … Read more
