The jargon used in the senior living and healthcare industry can be confusing; there are a lot of terms that sound similar but have very different meanings. One phrase that can sometimes befuddle people is “Medicare-certified" as it relates to senior care providers. So, let’s break down exactly what this term means. >> Related: Demystify [...]
Choosing a Life Plan Community, also referred to as a CCRC, is a big decision and one that is probably unique from other decisions you have made. It is a lifestyle, financial, housing, and healthcare decision all wrapped up into one. Making an informed decision can help secure your future regardless of unforeseen health [...]
So, you’ve been thinking a retirement community could make sense for you. It can be an attractive senior living option for a number of reasons: the social interactions and relationships, activities and amenities, care services (when available), peace of mind … and the list goes on. But how do you choose the right community for [...]
In last week’s blog post, I discussed the steps you and your family can take in advance of a healthcare emergency to reduce some of the stress of a difficult situation—what’s referred to as “pre-crisis planning.” From exploring assisted living facilities in your area to working with an experienced financial advisor to prepare your assets, [...]
American Institute of CPAs - Personal Financial Planning (PFP) June 2021 A podcast for financial and retirement planning. Read full article A COVID Storm Hits Senior Living March 2021 “The pandemic has created significant challenges for all types of senior living communities. Because of that, it's more important than ever to [...]
You’ve considered your senior living options, such as remaining in your current home or downsizing, and determined that a retirement community move is the best choice for you. But how do you decide which retirement community is the best fit for your goals? Obviously cost must be taken into consideration, but what are your other [...]
Here at myLifeSite, we typically write about senior living and closely related topics such as retirement lifestyles and aging. However, since our founders have a background in finance, and since finance is a big part of the senior living decision — particularly as it relates to life plan communities (aka continuing care retirement communities, or [...]
This past week, I was honored to speak to a great group of residents and prospects at Freedom Pointe at The Villages, a beautiful continuing care retirement community (CCRC, also called a life plan community) in Florida. After my presentation, I talked with a gentleman who is a resident of the community. He made two [...]
We all make countless decisions every day. Some are mundane, like what to have for breakfast. Others are much more consequential, like choosing a career, picking a life partner, or getting that tattoo. At the heart of every decision we make, there is a thought process that takes into account risks and rewards, past experiences, [...]
You’ve probably heard the quote “Getting old ain't for sissies,” which is typically attributed to Bette Davis. Most of us would agree! As we grow older, our bodies often start to feel the wear and tear of a lifetime of use, and in some cases, a health issue or even a health crisis may arise. [...]
