"In this landmark book, senior and adult care home experts offer a sound path to selecting the best assisted living or memory care for your loved ones. More than a guide for families seeking a facility, it also provides details of operating an adult care home for those interested. Every family will face the question of how to obtain optimal care for their aging members-and find much needed answers here." -Leonide Martin, RN, FNP, DrPH Today there are 77 million Baby Boomers living in the U.S., meaning 10,000 people will be turning 65 years old every day. Currently, most Boomers aren't in assisted living or memory care... yet. However, they will be moving into senior housing in droves over the next couple of decades. With limited resources available at this time, planning for assisted living can be overwhelming for those who are making difficult choices for their loved ones (or themselves). These choices have only been complicated and made more urgent by the COVID-19 pandemic. Contrary to popular belief, retirement homes are not the only option for our population's aging members anymore. Adult Family Homes-designed to allow senior citizens to live mostly independently with access to a variety of amenities-provide an alternative for individuals or couples who can no longer safely live on their own but don't want to relegate themselves to assisted living facilities. Investment in this innovative category of senior living is a relatively new opportunity that many are not aware of. This book will give you the tools to decide if this could be the right fit for you and your family. You will learn: What is happening in the senior care industry today, and what the options are How smaller senior care homes are becoming ever-popular in the wave of COVID-19 How to invest in a senior care home How to convert your home or property into a senior care home How to protect the wealth of your family and honor Mom and Dad Designed as a practical guide through the complex world of senior living, you'll find advice and guidance to help you make decisions that honor the elderly, protect family resources, and provide a lucrative investment opportunity.

A Globe and Mail Bestseller! A guide for Canadians on how to use real estate as an investment and retirement solution. Leveraging equity in a principal residence and using it wisely to purchase rental property is the solution to a safe, secure retirement for millions of Canadians. Many Canadians who own their home have never considered buying a second property. And nearly one-third of retirees are worried about running out of money. The Real Estate Retirement Plan shows how homeowners can use the tools already available to them — their mortgages — to access the initial capital to invest and prepare for their retirement. This is a proven, validated antidote to today’s historically low savings rates, poor current rates of return, and pressure on CPP and health care. With examples and a detailed discussion of the principles and mechanics, Calum Ross and Simon Giannini demystify real-estate investing and make an irrefutable case for borrowing to invest.

Teachers may retire from their schools, but they never retire from teaching. Teaching, Making a Difference includes two goals. The first is to give guidance to teachers contemplating retirement while helping them to maintain realistic standards for their students. The second goal is to present a multitude of options for just-retired teachers to enjoy their well-earned retirement while still using their knowledge and experience to benefit their communities. Teachers will learn techniques that they can incorporate into their lesson plans as they continue to teach, and upon retiring, they will learn how to develop their own "lesson plan" to take care of themselves and to participate in their communities.

Millions of baby boomers are just beginning to retire, and in doing so many are likely to run into adjustment problems, such as loss of identity, deterioration of marriage and social life, and feelings of disconnectedness to the world. Studies have found that as many as 40% of retirees have difficulty adjusting, and even those who claim to enjoy retirement may experience some uneasiness as they adapt to a life lacking in structure and direction. This book investigates the struggles faced by retirees in building a new life outside of the workforce. It provides an honest assessment of retirement, based on the not-always-acknowledged fact that it is a difficult transition with pitfalls and obstacles to be overcome. But along with uncovering problems, the authors also propose solutions to enable both current and future retirees to be better prepared, allowing them to avoid being blind-sided by unexpected situations. By reading about the experiences of their peers, current and future retirees will come to understand that others share their difficulties adjusting, and that tactics are available to improve their comfort level in retirement as well as their overall well-being. Retirees and those planning for retirement will find in these pages what they need to make retirement successful and enjoyable.

In the wake of the financial crisis and Great Recession, the health of state and local pension plans has emerged as a front burner policy issue. Elected officials, academic experts, and the media alike have pointed to funding shortfalls with alarm, expressing concern that pension promises are unsustainable or will squeeze out other pressing government priorities. A few local governments have even filed for bankruptcy, with pensions cited as a major cause. Alicia H. Munnell draws on both her practical experience and her research to provide a broad perspective on the challenge of state and local pensions. She shows that the story is big and complicated and cannot be viewed through a narrow prism such as accounting methods or the role of unions. By examining the diversity of the public plan universe, Munnell debunks the notion that all plans are in trouble. In fact, she finds that while a few plans are basket cases, many are functioning reasonably well. Munnell's analysis concludes that the plans in serious trouble need a major overhaul. But even the relatively healthy plans face three challenges ahead: an excessive concentration of plan assets in equities; the risk that steep benefit cuts for new hires will harm workforce quality; and the constraints plans face in adjusting future benefits for current employees. Here, Munnell proposes solutions that preserve the main strengths of state and local pensions while promoting needed reforms.