How Senior Housing Is Responding to Increased Demand – Multi-Housing News

Carey Levy, President, Passco Cos. Development. Image courtesy of Passco Cos. Development Over the next decade, the senior demographic is expected to grow speedily. By 2030, one out of every five U.S. citizens will be of retirement age, according to the latest projections from the U.S. Census Bureau. And with the average life expectancy rising from 70 years old in 1968 to almost 70 years old in 2016, demand for senior housing is likely to continue to escalate. Investment firm Passco Cos. has already begun preparing for the increased demand in the sector. Senior housing is among the company’s targets for both new construction and value-add plays.…
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Debate over state’s ability to borrow ignores looming financial woes – Laurinburg Exchange

RALEIGH — Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow. But while the legislature and Gov. Roy Cooper wrestle over “credit card limits,” they are ignoring the red flags raised in the most recent Debt Affordability Study unanimously approved by the Debt Affordability Advisory Committee. North Carolina can afford to borrow $11 billion over the next 10 years, says the committee. But the N.C. Department of Transportation and state employee benefit programs both have financial woes. The NCDOT has no remaining debt capacity for the next decade. And the state has a $42 billion hole in its pension plan and benefits for retired employees.…
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Aztec High seniors react to Governor Michelle Lujan Grisham’s Opportunity Scholarship – Farmington Daily Times

Sam Ribakoff Farmington Daily Times Published 8:00 AM EST Feb 3, 2020 AZTEC – Early one morning students in Joel Barton’s 12th grade government class at Aztec High School were already hard at work researching various bills proposed in this year’s state legislative session. Along with high profile legislation revolving around guns and marijuana, it was hard not to notice that a lot of legislation had to do with the state’s public education system, something very familiar to Barton’s senior class. “I’m thankful for a free education,” said Aztec High School senior Savana Lesscher, “but it’s not equal across the state.”…
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Why Home Health Care Is Suddenly Harder To Come By For Medicare Patients – Kaiser Health News

Use Our Content This story can be republished for free (). The decision came out of the blue. “Your husband isn’t going to get any better, so we can’t continue services,” an occupational therapist told Deloise “Del” Holloway in early November. “Medicare isn’t going to pay for it.” The therapist handed Del a notice explaining why the home health agency she represented was terminating care within 48 hours. “All teaching complete,” it concluded. “No further hands on skilled care. Wife states she knows how to perform exercises.” That came as a shock. In May 2017, at age 57, Anthony Holloway was diagnosed with ALS (amyotrophic lateral sclerosis): The Frederick, Maryland, man can’t walk, get out of bed or breathe on his own (he’s on a ventilator).…
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1 Simple Thing That Can Almost Guarantee Success in Retirement – The Motley Fool

Saving for retirement is likely one of the greatest financial challenges you’ll ever face. It takes decades to successfully prepare for retirement, and you’ll likely need to save hundreds of thousands of dollars (if not more than $1 million) to enjoy your senior years comfortably. While there’s no one-size-fits-all approach to preparing for the future, there is one thing you can do right now that significantly increases your chances of saving enough and succeeding in retirement — and it’s easier than you may think. Image source: Getty Images. The best retirement plans start with a budget When you think about all the factors involved in retirement planning, many of them focus on how much you’ll be spending during your senior years.…
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At Home Health Care: How to Get Your Senior to Accept In-Home Care – EIN News

Mom or Dad or another lives at home alone and you fear for their wellbeing. Comfort Keepers shares ways to talk to them about at home health care services. GEORGETOWN, TX, UNITED STATES, February 3, 2020 /EINPresswire.com/ — Advice to Get Your Senior to Accept At Home Care How do you know when it’s time for some extra help around the house for your elderly loved ones? This is not a conversation one wants to have, but it is needed when you see a loved one struggle to maintain life at home. If your loved one is not as capable of living independently at home as they age you know they need help.…
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Edmonds Senior Center special events and activities for February 2020 – My Edmonds News

Community breakfast Date: Friday, Feb. 7 Time: 8:30-9:30 a.m. Location: Edmonds United Methodist Church (Kennedy Hall), 828 Caspers St., Edmonds Cost: $5 Includes full menu of pancakes, strawberry compote, eggs and ham, biscuits and sausage gravy, orange juice, coffee and tea. Everyone is welcome, bring a friend. Free AARP tax preparation  Date: Fridays, Jan. 31-April 10 Time: Noon-4 p.m. Location: Edmonds Library, 650 Main St., Edmonds Cost: Free, sign up at Edmonds Library Wednesdays or Saturdays from 10 a.m.-2 p.m. Local AARP Foundation Tax-Aide volunteers will once again prepare individual income tax returns on Fridays from Jan. 31 through April 10. This year, appointments will take place at the Edmonds Library, 650 Main St.,…
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Plans for 63 rental cottages in downtown Fayetteville reviewed at work session – The Citizen.com

OneStreet Residential representatives at the Jan. 27 work session with the Fayetteville City Council included, from left, company Senior Managing Partner David Dixon, attorney Kathy Zigert and Development Director Zeke Rochester. Photo/Ben Nelms. A Jan. 27 work session of the Fayetteville City Council had representatives of OneStreet Residential reviewing the proposal for a 63-unit, active adult cottage development near downtown on Ga. Highway 54 West. The proposal is expected to be on the council’s Feb. 6 agenda. The 8.13-acre property is situated between the age-restricted HearthSide Club Lafayette apartments, also owned and managed by OneStreet, to the east and Lafayette Avenue/Campaign Trail to the west.…
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3 Things You Can Do This Year to Get in Shape for Retirement – Auburn Citizen

Live Super Bowl LIV: Follow live updates as the Chiefs battle the 49ers 3 Things You Can Do This Year to Get in Shape for Retirement {{featured_button_text}} Whether retirement is a few years away or won’t happen for decades, it’s never too soon to start thinking about ways to improve your long-term financial picture. Here are a few moves you can make in the coming year to set yourself up for a secure retirement. 1. Ramp up your IRA or 401(k) contributions What could increasing your savings rate modestly do for your future? A lot, actually. Cutting back on a few expenses to boost your monthly IRA or 401(k) contributions could make a huge difference in the course of 20 or 30 years of savings. Of course, if you’re that far away from retirement, you may be inclined to keep your savings rate status quo, and ramp up later, as retirement nears.…
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Assisted living facilities grow in Dayton area – Dayton Daily News

Hundreds of new assisted living units have been built in the Dayton region in recent years, catering to the growing population of seniors who want housing where they can also get help with daily activities. A Dayton Daily News examination found despite the growth assistant living costs are higher than most people can pay in cash, and only a small portion of the beds in the region are available to people covered by Medicaid. “It’s what I call the ‘not enough rich old people’ problem,” said Bob Applebaum, director of the Ohio Long-Term Care Research Project with the Scripps Gerontology Center.…
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