Counterpoint: A Senior Living Community Could Cost More Than You Think
Last week, I wrote about the true cost of remaining in your current home as you grow older. As I reflected on the post, I began to wonder whether it inadvertently came across as a [...]
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What’s the True Cost of Staying in the Home?
Again and again, research finds that most senior adults say they want to remain in their home, at least as long as possible. While there are many reasons for this, cost is a consideration. Many [...]
Coming Soon: Enhanced Site, New Senior Living Educational Videos
As I’ve shared, we will soon be launching myLifeSite 2.0, a complete overhaul of myLifeSite's continuing care retirement community (CCRC) database and report engine. With the new website, access to our CCRC profiles will no [...]
Are Today’s Seniors “Younger” Than Previous Generations?
You’ve heard the phrase, “You’re only as old as you feel.” There is mounting evidence that, to a large extent, this cliché isn’t too far off. In several different studies, researchers have explored the difference [...]
An Explanation of Refundable Entry Fees at CCRCs
Many entry fee retirement communities offer residents the choice of a refundable entry fee as an alternative to a traditional, declining balance contract. Learn more about the trade-offs in this blog post from My LifeSite.
How to Differentiate Between Rental Retirement Communities
I’ve written several blog posts on the lingo used within the senior living industry. Some of the industry’s terms are more easily understood than others, however. For example, in last week’s blog post, we explored [...]
Understanding the Different Forms of Independent Living
What do you think when you hear the term “independent living”? This phrase seems to have different connotations for different people, creating confusion. Even within the senior living industry, it gets applied to a pretty [...]