Posted: Tuesday, October 30, 2018
How Do I Know If I’ll Be Happy Living in This CCRC?
When making a decision about moving to a continuing care retirement community (CCRC, also called a life plan community), there are a lot of different factors to consider. It's certainly vital to understand the financial implications and contract details, but there’s something else just as (or maybe even more) important to consider, and you won’t find all the answers in a brochure.
One of the most crucial factors to consider when selecting a CCRC is your happiness. Will you be happy living there on a day-to-day basis? Naturally, this applies to not only those considering a CCRC but also other types of retirement communities. However, choosing a CCRC is typically a bigger commitment—financially and otherwise—so it’s even more important to make sure your first choice is the right choice.Read Full Entry
Posted: Wednesday, October 10, 2018
Caregiver Assistance: Addressing Caregiver Stress
Caring for an aging family member is a labor of love. But study after study also shows the emotional, physical, and even financial stress that the caregiver incurs as a result.
Research conducted by MetLife Mature Market Institute* revealed that approximately 10 million adult children over the age of 50 (that's roughly a quarter of all Baby Boomers!) have taken on the role of caregiver for their aging parents, helping with a variety of tasks–everything from running errands and cooking to bathing and using the toilet. It's a lot to take on, especially for caregivers who may also be juggling a career and their own children, which is likely why caregivers over age 50 who work and provide care to a parent are more likely to have fair or poor health as compared to peers who do not provide elder care. Read Full Entry