Monthly Archives

September 2019

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5 Reasons Seniors Prefer Senior Living Communities

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There are hundreds of senior living communities all over the country. So you’re sure to find one in your dream retirement location. But if you or a loved one is considering moving into a senior living community, there’s more to consider than just its location. Not all communities are the same. One of the most important things to consider is the benefits of living at a community and the impact the lifestyle has on the people who live there.

When a loved one moves into a Life Plan Community (also known as a continuing care retirement community or CCRC), it’s not unusual for their family members to note positive changes in their parents’ physical and mental health. That’s because senior living communities foster health benefits that your elderly parent may not be able to realize on their own.

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Dealing with Aging Parents’ Finances: A 4-Step Plan

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When you were younger, your parents may have had to intervene when you bounced a check for the first time, or spent more than your paycheck could cover. But now that you’re grown, roles may have shifted quite a bit — and now, you’re the one who may need to intervene to manage or protect your parents’ finances.

Would you know how to take care of your elderly parents’ finances? Would you know how to take over your parents’ finances, especially in a crisis? Do you have access to all the information you’ll need in case something happens?

Though it may not be an easy conversation to have, it’s an important one. You’ll need to have a realistic picture of your parents’ financial situation — especially if you sense they’re having difficulty managing their affairs. To learn about the 4 steps that can help the process go more smoothly, CLICK HERE.