The concept of aging may carry a negative connotation for many people, however, some of the most common presumptions about growing older are simply myths, according to The Wall Street Journal. In a recent article, the WSJ debunked six common myths about aging, from prevalence of depression and the inevitable creep of cognitive decline, to […]
Category: Retirement
A number of economic factors have stacked the odds against the abilities of today’s seniors to retire comfortably and successfully, all of which are bubbling to a new crisis in the making for both current and future retirees, suggests new research spotlighted in The Economist. As more Americans near retirement age and grapple with saving […]
Retirement communities have long established themselves in Florida — one of the many states in the Sun Belt — but the area is now attracting a different kind of community: the niche retirement community. While tried-and-true senior housing options are still big players in the market, with thousands of facilities in the state, some operators […]
Baby boomers are continuing to look beyond traditional retirement settings to places that will better suit their active lifestyles in their post-career days, Fox Business writes. And they’re finding them in college towns. A slowly rebounding economy is helping more retirees view cities as a viable and exciting alternative for their retirement years, previous reports show. […]
While the Sunshine State comprises half of the top 10 overall places to retire, Americans planning for retirement have much more to consider than weather for their ideal spot. “The most significant factors retirees should consider when to retire is obviously wealth—can they support themselves in retirement without the compensation they have earned while working?” […]
While some senior housing options can be costly — nursing home care costing upward of $10,000 to $15,000 a month — 25% of Americans admit they don’t know how they will pay their expenses in retirement, a Federal Reserve report suggests. The report is part of a broader study of the economic well-being of U.S. households and […]
Continuing care retirement communities (CCRCs) have been in the market for 70 years, but are rising in popularity among today’s retirees, writes Forbes in a recent article. Today, there are nearly 2,000 continuing-care communities in the U.S., servicing more than 570,000 residents. More than 80% of CCRCs are nonprofits. Forbes offers eight variables for those considering […]
Aviv REIT Announces $94 Million Acquisition Aviv REIT, Inc. (NYSE:AVIV) announced it has acquired two assisted living facilities and one skilled nursing facility for $82 million, in addition to two parcels of land for $12.2 million. With the parcels of land, Aviv has gained the entitlements for construction of two new assisted living facilities and […]
Legacy Healthcare Expands Team Legacy Healthcare, which owns and operates 17 skilled nursing centers in Illinois, has hired Kristin Scott as regional director of business development and Erik Iverson as director of business development for Warren Barr North Shore. Scott brings to the position experience in physician relations and business development, most recently working […]
Weather, affordability, the presence of fellow retirees and walkability place Miami, Fla. as the No. 1 urban place to retire, according to a recent study by NerdWallet. The online financial tool provider analyzed variables in the 75 largest U.S. cities to determine their ranking. “With nearly 16% of its population over age 65, sunny Miami is […]
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