Gen Xers watched MTV for the 24-hour music videos, loved John Hughes movies, and listened to Hootie & The Blowfish cassettes on their Walkmans.
Now, MTV is home to shows like Jersey Shore, Molly Ringwald is old enough to be an AARP member, and Hootie’s a country singer, with songs that stream to Gen Xers’ smartphones on Spotify.
The world Gen X grew up in has certainly changed. And so have they, especially financially: Though they suffered losses during the Great Recession, Gen Xers are the only generation to recover the wealth they lost, with the median net worth of Gen X households rising 115%.
Though Gen Xers may still have less overall household wealth than baby boomers, many people in Generation X are still in some of their prime earning years. Gen X as a whole has also increased its home equity and doubled its assets. In fact, Gen Xers are set to overtake the boomers as the nation’s wealthiest generation.
Now, this group is starting to turn its collective attention to retirement and their retirement lifestyle — and what it could look like for America’s 65.2 million Gen Xers, who the Pew Research Center says will outnumber baby boomers by 2028.
To find out why independent living is perfect for Gen X, CLICK HERE.
Providing quality care requires expertise, high standards and dedication. A high rating from the Centers for Medicare & Medicaid Services is clear proof that the level of care offered at a senior care community is top-tier in the industry. But to truly appreciate a CMS 5-star rating, it helps to understand how the rating is determined.
To learn more about why a 5-star rating matters to various parties, and how it’s calculated, CLICK HERE.
Children — even adult children — turn to their parents for support. They see their parents as caregivers, and it’s often a surprise when the roles become reversed. Seemingly out of the blue, sons and daughters notice their parents slowing down. They may even worry about their parents living in a house by themselves. Senior parents, though, almost always want to maintain their independence. Senior living is a smart solution to satisfy both parties.
To learn more about why senior living is good for both parents and adult children, CLICK HERE.
Millions of older adults fall victim to scams each year, losing substantial amounts of money they need for their retirement. In fact, scammers often target seniors in financial scams, because they expect older adults to have significant savings in their bank accounts.
If your senior loved one becomes a victim of fraud, it can leave them in a precarious financial position with little time to recoup crucial funds. This means it’s important to help them identify when a scam has taken place and, if possible, avoid scams before endangering any money. To find out about some of the strongest signs of a senior scam, CLICK HERE.
How to select a senior living community where you can live, love and laugh.
You’ve decided you are going to move to a senior living community. Where do you start? First of all, congratulate yourself if you’ve made that decision before you or your spouse has experienced major health problems. You’ve probably saved your family a lot of stress.
As you’re studying-up on the different types of communities, compare the pros and cons of each to your current preferences and the changes you anticipate in the future, although that is often difficult to predict. Are you (and your spouse) in good health? Were your parents healthy in their retirement years? Are there communities of the type you prefer near where you are living now? Is that important to you, or are you willing to move to a different city, or even state, to find the type of retirement community you are looking for?
To find out what questions to ask senior living facilities so you can narrow down the types of communities you might consider and begin paring the list of available options, CLICK HERE.
Independence, freedom and self-reliance are woven into the fabric of American culture. There are scores of movies, books and songs about the loner who relies on their wits and skills. As teenagers, most of us couldn’t wait to be out of the house, making our own decisions. But as we grow older, what was thrilling in our teens and adulthood can start to become dangerous and risky.
What are the dangers of seniors living alone? And is moving to a senior living community actually preferable to aging in place? To compare the benefits of senior living versus seniors living alone, and whether it’s possible to still be independent, happy and healthy while securing your future, CLICK HERE.
If you’ve been considering a senior living community for yourself or a loved one, you’ve probably noticed that the options are vast and vary. It can seem a bit overwhelming. Where do you even start?
A good place to begin is by looking at two of the most popular choices – Life Plan Communities (also known as Continuing Care Retirement Communities or CCRCs) and rental retirement communities.
While both types of independent senior living communities can offer similar benefits in the way of fitness and wellness programs, dining options, housekeeping and social, recreational programs, rental retirement communities don’t typically provide access to a full continuum of health care services like a Life Plan community. To learn more, CLICK HERE.
Our management company, Life Care Services®, An LCS® Company, ranked highest in customer satisfaction with independent living senior living communities two years in a row — and we have you to thank for it. This award demonstrates that residents and their families are receiving the care and service they absolutely deserve.
The award for Highest in Customer Satisfaction among Independent Living Senior Living Communities encompasses six individual resident-experience factors. We’re excited to say that, not only did Life Care Services win the overall category, but it also ranked highest within each of the six factors:
Resident activities
Community staff
Price paid for services received
Resident apartment/living unit
Community building and grounds
Dining
“Life Care Services is privileged to serve nearly 40,000 seniors across the nation. We are honored to be ranked highest in customer satisfaction with independent senior living communities for two years in a row by J.D. Power,” says Joel Nelson, president and CEO of LCS, the parent company of Life Care Services. “This award represents the voice of our residents and is a testament to our commitment to serve the customer first and foremost.
Nelson notes this year’s award is especially meaningful given the unique circumstances of the pandemic. “I’d like to recognize the heroic efforts of our community staff who serve residents each and every day. Their diligence and perseverance provides residents with the best senior living experience possible,” says Nelson.
Life Care Services ranked highest in independent living resident overall satisfaction with a score of 855 in the J.D. Power 2020 U.S. Senior Living Satisfaction Study. The study is based on responses from 4,992 residents, or their decision-maker, living in an independent, assisted-living or memory care community within the previous three years.
What Does This Mean for our Residents?
We are deeply grateful to know that our hard work is valued, and we at Bayshore Hilton Head want to assure residents, family, friends and staff that we will continue to improve, evolve and innovate to provide the newest offerings to meet the needs of current and future residents.
If you’d like to know more about the way we enrich the lives of our residents, send us a message on our contact page.
Life Care Services received the highest score among independent senior living communities in the J.D. Power 2019-2020 U.S. Senior Living Satisfaction Study of resident/family member/friend’s satisfaction with senior living communities. Visit jdpower.com/awards for more details.
Even though nursing homes are regulated by the government, they vary considerably in quality, character and cost. So it helps to get as much information as possible before making a decision about which nursing home (sometimes called a skilled nursing facility) is right for you.
If you or someone you love has suffered a fall and needs rehab after a hospital stay, you may not have much time to decide. On the other hand, your loved one may be living on their own and really needs the support of a nursing home for their own safety, health and social engagement. In either case, it helps to have a way to compare your options.
To learn how the Best Nursing Home ratings compiled annually by U.S. News & World Report can help narrow down your list, CLICK HERE.
Bayshore Hilton Head is pleased to announce that it has earned the honor of “Low Country’s Best” in two categories for 2020 from The Island Packet.
Bayshore was named “Low Country’s Best” for Independent Retirement Community and Assisted Living Community.
The process to select the winners began with an open write-in nomination round, followed by a voting round consisting of the Top 5 recipients of nominees in each category. The winners are those that received the most votes in each category.
Thank you to all that voted to help Bayshore Hilton Head earn this prestigious honor!