I often get asked about how our various senior living models here in the U.S., including continuing care retirement communities (CCRCs or life plan communities), compare to the options abroad. The impetus for this query is typically from one of two angles: Some people are pondering if they would like to move to another country [...]
Over the last couple of years, I’ve heard the phrase “rogue resident” occasionally used by members of the continuing care retirement community (CCRC) industry to describe residents who are viewed as having unrealistic expectations or requests of management. Sometimes these perceptibly disgruntled residents deter the board of directors (and possibly management) from inviting resident involvement [...]
Countless studies have shown that human interaction has many benefits for seniors (and conversely, loneliness is detrimental to seniors’ mental and physical health); it’s an important topic I’ve frequently written about. Indeed, humans are naturally social creatures, and it is our hardwired predisposition to crave companionship and connection, no matter our age. This is why [...]
After a recent talk I gave at a retirement community, a guest came up to me and said he knows he wants to move to a continuing care retirement community (CCRC), but the prospect of downsizing just feels so daunting to him. He explained that he has over 10 acres of land, a few animals, [...]
When considering a continuing care retirement community (CCRC), it is useful for prospective residents to gain an understanding of the CCRC market in general. At myLifeSite, we get a lot of great questions around this topic: Who are the largest CCRC players? What’s the split between for-profit and non-profit CCRCs? What geographic region has the [...]
Money. Even under the best of circumstances, it’s a subject few people want to discuss…even with individuals in their own family. But as people age, it becomes important—and sometimes necessary—that the senior’s adult children or another trusted person has an understanding of their financial situation—what is sometimes referred to as “financial caregiving.” It happens too [...]
A few weeks ago, Bluespire Insider, a marketing group that focuses on promoting senior living communities, hosted a virtual roundtable conversation about innovative ways to encourage social connections for residents of continuing care retirement communities (CCRCs, or life plan communities), a subject I’m always interested in learning about. The roundtable was led by John Franklin [...]
Two weeks ago, I had the pleasure of facilitating a workshop for representatives of not-for-profit Kendal Corporation’s senior living communities where we discussed trends, disruptors, threats, and opportunities faced by today’s continuing care retirement communities (CCRCs or “life plan communities”). More specifically, we discussed how each of the above should be considered in Kendal’s 5-year [...]
In last week’s blog post, I discussed my belief that all retirees should at least consider the possibility of moving to a retirement community. No, it won’t be the right senior living choice for everyone, but I would encourage everyone to at least look at this option with an open mind; while weighing out the [...]
There are certain adages I distinctly recall my mother saying when I was a child. Among her repertoire of time-tested axioms: “Don't judge a book by its cover,” “Things are not always what they seem,” plus, of course, “You won't know until you try.” (And yes, in a karmic twist, I now say these exact [...]
