The Best Life

October 2009


Seniors Finding That It Does Take a Village

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Older people who want to stay in their homes as they age might look to an expanding network of "villages" throughout the country as one possible way to get the support and services they need. The villages are part of a broader movement involving what are called naturally occurring retirement ...

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TAGS:
retirement

Erickson Communities Agrees to Sale, Bankruptcy

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Unable to find new investors, Erickson Retirement Communities announced late Monday afternoon that it is selling the company and, as a condition of the sale, will seek bankruptcy protection in order to restructure its debts. The company, which operates 19 complexes around the country with 23,000 ...

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TAGS:
retirement

6 Steps to a Better Retirement

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Standard financial-planning advice often begins with telling consumers to set aside three to six months of their spending needs in liquid assets. This is important, we're told, so that we have money stashed away for an emergency. Otherwise, we might have to sell investments at an inopportune time ...

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TAGS:
retirement

7 Tips on Retirement Community Safeguards

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Consumers living in or interested in a retirement community—particularly a newer facility—should carefully review the community's financial records and its ability to honor its service and refund commitments. Concerns have arisen in response to reports that the recession and the depressed real ...

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TAGS:
retirement

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