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??The MoneyGauge affordability assessment from myLifeSite was specially designed by a Certified Financial Planner? (CFP) and a CPA to help your #retirementcommunity prospects better understand your community's costs and their ability to qualify financially. ??MoneyGauge is powered by a sophisticated, proprietary financial engine that takes into account life expectancy, potential cost changes for different care levels, inflation, hypothetical growth rates, and more, all tailored to your community's specifications. This ensures reliable results that meet your unique financial qualification criteria. ??Learn how adding MoneyGauge to your website can help you identify financially qualified prospects and match them to your community: https://hubs.la/Q03dX6_K0 . . #CPA #CFP #retirement #retirementplanning #retirementsavings #retirementcommunity #planningforretirement #costofretirement #costofliving #costofcare #CCRC #lifeplancommunity #assistedliving #longtermcare #independentliving #55plus #55pluscommunity #financialplanner #accountant #retirementcommunitysales #retirementcommunitymarketing

?? As older adults explore different #seniorliving options, understanding the legal framework that governs age-restricted communities is crucial. One key piece of legislation is the Housing for Older Persons Act (HOPA) of 1995. HOPA ensures that age-restricted retirement communities provide fair access while also meeting specific standards for older residents. If you're considering a move to a 55+ community, it's important to familiarize yourself with the provisions of HOPA and how they might impact your decision. In this week's blog post, we dive into the essential details of this law and what it could mean for your potential new home. ??https://hubs.la/Q03dlPgl0 . . #SeniorLiving #RetirementLiving #55AndUp #HOPA #AgingInPlace #RetirementPlanning #retirementcommunity #CCRC #lifeplancommunity #independentliving #longtermcare #assistedliving #55plus #55pluscommunity #agerestrictedcommunity #seniorapartments #55community

?? Are you considering a Continuing Care Retirement Community (CCRC) aka "Life Plan Community" for yourself or a loved one? It's important to ask the right questions to make an informed decision. ??Check out our FREE resource, "Top 10 Questions Prospective Residents of a CCRC Should Ask" (PDF) to learn what questions will help guide your research and ensure you're choosing the right community. This and other helpful guidance are all available for FREE on myLifeSite: https://hubs.la/Q03cPQHY0 . . #CCRC #SeniorLiving #RetirementPlanning #LifePlanCommunity #ElderCare #longtermcare #seniorliving #retirement #retirementcommunity #independentliving #costofcare #retirementsavings #assistedliving #caregiving #planningforretirement #financialplanner #seniorlivingdecision

The “Peak 65” portion of the Baby Boomers — the generation’s final cohort to reach retirement age — faces a financial landscape that is promising for some but uncertain for many. While some have amassed great wealth, a 2024 AARP survey reveals that 1 in 5 Americans age 50 and older have no retirement savings. This disparity in retirement savings raises important questions about the future of the senior living industry and the ability of Peak 65 retirees to pay for the care they may need in their later years. Will those retiring over the next 10 to 20 years be able to afford many of the senior living options available today? And how can society as a whole rise to the moment to address this challenge? We discuss these important questions in this week's blog post: https://hubs.la/Q03ck5Cg0 . . #retirement #seniorliving #retirementplanning #retirementsavings #costofretirement #costofcare #longtermcare #caregiving #caregiver #familycaregiver #retirementcommunity #assistedliving #nursinghome #independentliving #CCRC #lifeplancommunity #55plus #55pluscommunity #seniorcoop #intergenerationalhousing #seniorapartments #payingforcare #payingforretirement #costofliving

Today’s savvy senior living prospects want to understand the pros, cons, and differences between various retirement lifestyle and housing options. MyLifeSite's Resource Library offers answers to your community's potential residents' most common questions. With access to myLifeSite's popular Resource Library, you can: ?? Save your sales and marketing associates' time AND money. ?? Enhance your team's strategy by sharing directly with warm prospects. ?? Quickly and easily access the unbiased, third-party educational content your prospects crave. ?? Add your organization's own branding/logo to enhance your content strategy. Learn more, and get started today!: https://hubs.la/Q03bLPlf0 . . #seniorliving #seniorlivingmarketing #seniorlivingsales #retirement #retirementcommunity #CCRC #lifeplancommunity #assistedliving #longtermcare #independentliving #55plus #55pluscommunity #retirementsavings #retirementplanning #costofcare #babyboomers

In 2024, the U.S. reached a milestone with the arrival of "Peak 65," marking the youngest and largest group of retiring Baby Boomers. Over 4 million Americans will turn 65 annually from 2024 to 2027, averaging 11,000 retirees a day. While Baby Boomers were born during a time of prosperity, and many accumulated substantial wealth, a significant portion lacks enough retirement savings for a secure future. What will this financial divide mean for retirees, the senior living industry, and society as a whole? We explore this important topic in this week's post: https://hubs.la/Q03bkcXx0 . . #seniorliving #retirement #retirementsavings #retirementcommunity #Babyboomers #Peak65 #longtermcare #costofcare #costofliving #costofretirement #CCRC #continuingcareretirementcommunity #lifeplancommunity #55plus #55pluscommunity #seniorlivingindustry #retirementindustry #assistedliving #skillednursingcare #independentliving

In 2024, the U.S. reached a milestone with the arrival of "Peak 65," marking the youngest and largest group of retiring Baby Boomers. Over 4 million Americans will turn 65 annually from 2024 to 2027, averaging 11,000 retirees a day. While Baby Boomers were born during a time of prosperity, and many accumulated substantial wealth, a significant portion lacks enough retirement savings for a secure future. What will this financial divide mean for retirees, the senior living industry, and society as a whole? We explore this important topic in this week's post: https://hubs.la/Q03bkcXx0 . . #seniorliving #retirement #retirementsavings #retirementcommunity #Babyboomers #Peak65 #longtermcare #costofcare #costofliving #costofretirement #CCRC #continuingcareretirementcommunity #lifeplancommunity #55plus #55pluscommunity #seniorlivingindustry #retirementindustry #assistedliving #skillednursingcare #independentliving

??Attention retirement community leaders and sales counselors: Is your #retirementcommunity listed on myLifeSite? If not, you're missing out on a simple way to get your name in front of your target audience. Adding your custom profile to myLifeSite's online community search tool helps you: ??Gain visibility on one of the most sought-after websites among senior living consumers (particularly those prospects who are researching life plan communities/CCRCs). ??Connect with educated prospects who understand the benefits of a retirement community. ??As another bonus, YOU control what details people see by providing the amenities, messaging, and imagery that make your community unique. Learn more and get started today! https://hubs.la/Q039YVrZ0 . . #retirement #retirementplanning #retirementcommunity #seniorliving #retirementdecisions #retirementsavings #CCRC #lifeplancommunity #costofcare #assistedliving #memorycare #longtermcare #55plus #55pluscommunity #independentliving

Many continuing care retirement communities (CCRCs or life plan communities) require new residents to pay a sizable entry fee when they first move into the community, much of which is often refundable in some manner. The resident’s contract will stipulate the details and requirements of the CCRC entry fee refund if the resident moves out or passes away. However, many potential CCRC residents and their families are unsure of what exactly happens to those refundable entry fee dollars if a resident dies. When does the money get refunded? Who gets it? Does the refund go through the probate process? And are there any tax implications — such as capital gains taxes — on the refunded amount? In this week's blog post, we clarify these important questions so you and your loved ones better understand the CCRC entry fee refund process. https://hubs.la/Q039czPB0 . . #CCRC #continuingcareretirementcommunity #lifeplancommunity #costofcare #entryfeecommunity #entryfeerefund #refundableentryfee #retirement #retirementcommunity #retirementplanning #seniorliving #longtermcare #estateplanning #estatetaxes #capitalgainstaxes #55plus #55pluscommunity