Retirement outlook improves, but not all retirees are optimistic
By
Kathleen Steele Gaivin
Sep 20, 2023
Economic conditions have improved the retirement outlook for Americans this year, according to the 2023 Natixis Investment Managers’ Global Retirement Index released last week. But at the same time,...
Initial filings for unemployment insurance dip again week over week
By
Kathleen Steele Gaivin
Mar 22, 2024
Applications for unemployment benefits dipped slightly for the week ending March 16, according to data released Thursday by the Department of Labor’s Bureau of Labor Statistics.
Insurance rates add to financial challenges facing Florida’s assisted living operators
By
Kimberly Bonvissuto
Jun 04, 2024
The rapid increase in commercial property insurance rates in Florida was the final straw for some senior living providers still struggling with workforce challenges, rising wages and inflation.
Fed unlikely to ‘take its foot off the brake’ anytime soon
By
Kathleen Steele Gaivin
Mar 03, 2023
The economic landscape remains volatile, National Investment Centers for Seniors Housing & Care Chief Economist and Director of Outreach Beth Burnham Mace said Wednesday at NIC’s Spring Conference.
2007 to 2019 saw increase in inflation-adjusted healthcare spending
May 29, 2024
From 2007 to 2019, the medical burden increased from 23.5 to 26.4% for low-income families and from 5.4 to 6.5% for higher-income families.
Retirement confidence has not recovered from significant 2023 drop: survey
By
Kathleen Steele Gaivin
Apr 30, 2024
Workers’ and retirees’ confidence has not fully bounced back from last year’s drop, but signs exist that a positive recovery is underway, according to results of the 2024 Retirement Confidence Survey...
2 senior living companies file for Chapter 11 bankruptcy protection
By
Kimberly Bonvissuto
Mar 26, 2024
The COVID-19 pandemic, staffing challenges, inflation, high interest rates and low reimbursement rates led to bankruptcy filings recently by two senior living companies.
Business briefs, June 21
By
Kathleen Steele Gaivin
Jun 21, 2023
Senior housing real estate firm sued again for alleged housing discrimination … OSHA official shares top 10 violations in construction … As inflation begins to slow, experts question long-term sustainability
Affordability tops retirement community wish list for older adults, operators
By
Kimberly Bonvissuto
Oct 13, 2023
Inflation isn’t just hitting prospective senior living residents looking for the best value in a retirement community. It’s also hitting operators, leaving fewer options available.
More news for Thursday, Oct. 13
By
Kimberly Bonvissuto
Oct 13, 2022
Inflation hitting US older adults in the pocketbook … University initiative aims to kickstart CNA interest, retention … Understanding how older adults use tech can lead to better product solutions...