Retirement savings rates set new records, Vanguard says
By
Kathleen Steele Gaivin
Jul 02, 2024
Americans are paying into retirement savings at a record rate, according to Valley Forge, PA-based Vanguard. That could be good news for senior living providers down the road.
Retirement plan confidence shows ‘substantial growth’
By
Kathleen Steele Gaivin
Jun 28, 2024
After periods of rising and falling between 2016 to 2019, individual retirement plan ownership and assets saw “substantial growth” between 2019 and 2022, according to the results of the 2024...
‘Deteriorating’ outlook for CCRCs to continue for rest of year: Fitch
By
Kathleen Steele Gaivin
Jun 26, 2024
The “deteriorating” outlook for the not-for-profit continuing care retirement / life plan communities sector will continue for the rest of the year, “indicating our expectation that credit pressures...
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Kendal CEO Vassar Byrd discusses Kendal, her previous position and ‘some really fun things’
By
Lois A. Bowers
Jun 24, 2024
New Kendal Corp. CEO Vassar Byrd recently spent a few minutes with McKnight’s Senior Living discussing her professional roles, her love of dragon boat racing, and how the those two worlds could overlap.
It’s a sellers’ market for prospective senior living residents: report
By
Kimberly Bonvissuto
Jun 21, 2024
As home resale values continue to be strong and the time period to sell a home remains short, now is a good time for prospective senior living residents to consider selling their homes, according to a...
Republican senators introduce joint resolution calling for overtime rule repeal
By
Kathleen Steele Gaivin
Jun 20, 2024
Republican Sens. Tommy Tuberville (AL) and Mike Braun (IN) on Monday introduced a joint resolution under the Congressional Review Act that if passed would repeal the federal overtime rule set to go into...
Healthcare spending growth projected to outpace GDP to 2032
Jun 13, 2024
National health expenditures are projected to have increased 7.5% in 2023, when the COVID-19 public health emergency ended.
What you may not know about life insurance settlements
By
Joyce Bidwell
Jun 13, 2024
It always gives me pleasure to answer inquiries about the validity of life insurance settlements. The three initial and most commonly asked questions are: The answers to all these questions appear below,...
Almost a third of retirees consider picking up temporary jobs
By
Kathleen Steele Gaivin
Jun 12, 2024
One third of retirees are considering picking up one to three shifts of temporary work per week because their cost of living is increasing, according to Indeed Flex, an online temporary staffing platform.