In addition to weather, and location of family, there are many factors retirees consider when they choose a place to live. Those factors, which should be strongly considered by senior living providers eager to expand in growing markets, might include how expensive a city may be for health care, how safe it is and the […]
Category: Retirement
(Photo of Hilliard Assisted Living and Memory Care, located in Columbus, Ohio — Photo courtesy of Spectrum Retirement Communities) Construction: Planned Koelsch Community Will Break Ground This Month in Calif. A new memory care community will break ground later this month in Modesto, Calif. El Rio Memory Care Community is owned by Koelsch Communities and […]
For seniors choosing a location to spend their retirement years, several factors, including the availability of nearby entertainment, can make a senior housing community seem more attractive—or the opposite. For this reason, personal finance website WalletHub took multiple elements into consideration when compiling its list of 2016’s Best & Worst States to Retire. WalletHub’s analysts […]
Housing costs are a major consideration for older adults weighing a move to senior living, and a new report sheds light on the surprisingly high amount they’re spending on housing compared to health care. Higher housing costs can be an obstacle for financial security, even when older adults own their homes outright, the Urban Institute […]
As senior living providers grapple with the discrepancy between what many retirees are prepared to pay for their housing and care needs, and the costs involved in providing that care, one organization is pointing to big differences among states that factor strongly into the equation. Most research today indicates the majority of retirees are not […]
Top news organizations around the country recently ran these must-read stories related to senior housing. How a Retirement Community is Embracing the Internet of Things—Episcopal Senior Communities is one of the senior living providers turning to pendant technology to monitor residents’ whereabouts, as well as get more data on the responsiveness of staff. The technology […]
How big is America’s largest retirement community? By most measures, it’s really, really big. The Villages, a Florida retirement community, is already home to some of the largest operators in senior living, Brookdale Senior Living (NYSE: BKD) included. And it promises to get even bigger as the result of a partnership announced this month between […]
Top news organizations around the country recently ran these must-read stories related to senior housing. You Don’t Want to Be Old in These States—Texas, Louisiana and Oklahoma are among the states where nursing home quality lags the most, according to a recent analysis of government ratings. Nursing home stakeholders point to chronic underfunding by Medicaid […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Harrisburg Police Discover Drug Activity in Senior Living Apartments—High-rise senior living apartments in Pennsylvania’s capital are a hotbed of the local heroin trade, police say. The problem is a combination of aging Baby Boomers “continuing what they know” and younger […]
Top news organizations around the country recently ran these must-read stories related to senior housing. Aging Baby Boomers Bring Drug Habits Into Middle Age — Drug abuse—and overdose deaths—are surging among older Americans, as Baby Boomers continue or resume their drug habits as they age, the Wall Street Journal reports. Patterns of opioid use also are […]