Although we all know that the current version of the Trump tax plan likely won’t pass as-is, it is important for people–especially those in their retirement years–to understand the real-life ramifications of the proposed changes to the tax code, including the potential elimination of several major deductions.
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There are many practical considerations that come into play when selecting a CCRC–from cost to contract terms to communities’ financial viability–but it’s crucial to remember what I would suggest is THE most important factor…
For seniors living in a CCRC, who actually decides if and when it is necessary for a resident to move to a higher level of care, and what is the process? It is important to understand a community’s policy when it comes to transferring residents out of independent living.
CCRC refundable entry fees are a popular choice for many residents, but it may be time for a change when it comes to the stipulations for receiving the refund.
What sorts of things do CCRCs do to help ensure their residents are active and in good health? The list is long, but here are four of the top ways in which CCRCs encourage senior wellness.
As you approach retirement age, you may think you have done what you need to do to prepare by saving diligently over the years. And that is certainly important. But be sure you have checked off these four other important tasks as well, to ensure your retirement is secure.
With so many CCRCs offering refundable entry fee contracts, a reasonable question often asked by consumers is whether it makes good financial sense to choose a refundable contract compared to a traditional, declining-balance contract. Here’s how to choose between these two options.
What’s the difference between a “home healthcare provider” and a “home care provider”? The names are very similar, but their services are quite different. And it’s especially important to understand the key differences between the two since one may be covered by Medicare, while the other isn’t.
While older adults may take the necessary steps to identify a loved one to make end-of-life care decisions for them, the senior’s preferences are not always effectively communicated or properly understood. A recent study reveals stark evidence that seniors and their surrogates need to have more structured, frank conversations to plan for and properly adhere to end-of-life wishes.
You have already decided that you want the long-term security of a CCRC, but there are so many things to consider when looking at different providers; it is understandable if your head is spinning and/or you feel overwhelmed with the options. I recommend breaking down the decision into these four categories…