COVID, workforce, financial issues confront senior living providers as 2023 starts, leaders say
By
Lois A. Bowers
Jan 03, 2023
Addressing the burnout plaguing existing employees while working to entice others to join the industry will be a focus of providers in 2023.
A science to activities
By
Foster Stubbs
May 01, 2024
Lily Poulos noticed that most of the community’s programming was related to arts. So she started hosting a laboratory class for residents. Find out more and learn how to submit your photos!
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
AARP: Older adults’ contribution to global GDP expected to increase dramatically by 2050
By
Kathleen Steele Gaivin
Nov 14, 2022
Older adults contributed $45 trillion to the global gross domestic product in 2020, according to AARP’s recently released Global Longevity Economy Outlook.
Almost half of all baby boomer workers expect to work past 70 or not retire, survey finds
By
Max Bachmann
Jul 10, 2023
Baby boomers are the generation most cynical about retirement prospects, according to the Transamerica Center for Retirement Studies’ 23rd Annual Retirement Survey.
Loans for new construction bounced back in 4th quarter: NIC
By
Kathleen Steele Gaivin
May 12, 2023
After a sharp decline in the issuance of mini-perm/bridge debt for senior living in the third quarter of 2022 , senior living loans bounced back in the fourth quarter to levels seen earlier in the year,...
One-fifth of Americans 59+ have net worth of $0 or less
By
Kathleen Steele Gaivin
Apr 24, 2023
Almost a third of Americans (31%) report having a net worth $0 or less, a new study finds. And for Americans 59 and older who may be contemplating retirement, 21% report that their total amount of liabilities...
Increasing personal needs allowance is about ‘dignity’ for residents, lawmakers say
By
Kimberly Bonvissuto
Mar 30, 2023
A bill proposing to double the monthly personal needs allowance for some senior living and other long-term care residents is about “dignity,” according to its sponsors.
Cognitive impairment more often experienced by patients with RA
Jul 31, 2024
People with rheumatoid arthritis with moderate-to-high inflammation also have lower mean values in the Montreal Cognitive Assessment and lower executive function scores.