What is Long Term Care Insurance? Long term care insurance, also known as LTC insurance, LTCI or long term health insurance, was created to cover the costs associated with the support and services you may need as you age. Unlike your traditional health care policy, long term care insurance reimburses policyholders for such services as in-home health care, the cost of assisted living accommodations and more. The U.S. Department of Health and Human Services reports that 70% of people age …Continue Reading
What’s up in senior living?
Topic: Retirement & Planning
Ready to Consider Downsizing to a Senior Living Community? After you or a loved one has made the important decision to downsize and move to a senior living community, it’s time to start researching all your options. Whether you’re looking for a community that offers independent living for seniors in a private home or apartment, or need an option that offers help with daily living activities in a comfortable assisted living apartment, knowing what questions to ask and what to …Continue Reading
What is a Senior Living Community? With so many different senior housing options available today, it’s easy to become confused about what type of retirement home will be best for your individual needs. The term “senior living community” has a few different meanings. It can mean a retirement community with independent living apartments or patio homes, where seniors can come and go as they please. Or, it might be thought of as an assisted living community, a place for those …Continue Reading
Choosing a Life Plan Community A continuing care retirement community (CCRC) has been more recently coined as a life plan community. The terminology makes sense when the definition of this type of community is considered; it is a particular type of retirement community where residents can transition seamlessly through the various levels of care provided, allowing for a solid plan for life. Healthy, active seniors can choose to live an independent living apartment or patio home, and should their health …Continue Reading
Downsizing Tips for Seniors More and more these days, many seniors are beginning to realize the joy that comes with downsizing their homes after retirement. While moving out of the home you’ve lived in for many years can feel overwhelming and bittersweet, if you’re looking for an active, carefree lifestyle, eliminating some of the hassles that come along with home ownership is an important step to take. Why should you consider downsizing your home? Perhaps your current home is too …Continue Reading
Preparing for Retirement – Things to Consider When you’re getting close to hitting your desired retirement age, you might be feeling a variety of emotions. Maybe you’re excited about the prospect of all that free time you’ll finally have available, allowing you the ability to travel across the country and experience new things, or simply just work on perfecting your golf swing. Or, maybe you’re feeling a bit anxious about walking away from a steady paycheck and a daily routine, …Continue Reading