Wednesday, March 9, 2016
Consumer Friendly Books on Retirement Communities
This week is Spring Break for our law school and I've had a bit of time to catch up on my stack of "must read" books. Here are two that caught my attention:
Settling In: My First Year in a Retirement Community, by Richard L. Morgan (2007):
"At age seventy-four, I left my home in the state of North Carolina, which I dearly loved and where I had lived for fifty years, to come to a retirement community in Pennsylvania. In a real way, I left my identity, forged over years of hard work and experience, to start a new life as a relative nobody. At times I endured sleepless nights, worrying if I had made the right decision."
With that beginning, the writer tracks his evolution in thinking about a retirement community, candidly describing excitement and depression, while achieving a growing sense of engagement with his new environment. A retired Presbyterian minister, the writer uses both religious and non-religious texts to supplement his thinking. There's a real honesty here that transcends any religion, and the book seems useful not just for new or prospective residents but also for adult children and care-givers.
What's the Deal with Retirement Communities?, by Brad C. Breeding, Certified Financial Planner (2014):
I met the author a few years ago while he was in the development phase of a project to provide consumer-friendly internet materials on continuing care retirement communities (and more on that in a few days!). But he also has a helpful little book that offers objective information on how to assess a community, including chapters on understanding various types of contracts and financial viability factors. A good place to start for someone who wants to ask the right questions.
https://lawprofessors.typepad.com/elder_law/2016/03/consumer-friendly-books-on-retirement-communities.html