Episode Details

Planning for senior living can feel overwhelming, especially when families wait until a health event forces a quick decision.

In this episode of the Retirement Readiness Journey, Rose Price CFP®, AIF®, and Chris Mellone CFA, CFP®, AIF®, are joined by Ginger Noce and Kristy Kennedy of Silver Bridges Consulting to break down how families can approach senior living decisions with more time, information, and confidence. From understanding independent living, assisted living, memory care, and Life Plan Communities to evaluating costs, waitlists, staffing, and overall fit, this episode provides practical guidance for older adults and families preparing for the next stage of aging.

Key Topics Covered:

• Choosing the Right Senior Living Community: Understanding the differences between independent living, assisted living, memory care, rental communities, and Life Plan Communities, while evaluating leadership, staffing, location, amenities, and the overall culture of a community.
• Senior Living Costs, Waitlists & Financial Planning: Comparing entrance-fee and rental models, preparing for future care costs, understanding contract and estate-planning considerations, and why families may need to begin exploring communities years before they expect to move.
• Planning for a Successful Aging Transition: Starting the conversation before a crisis, navigating the emotional challenges of moving, maintaining independence and social connection, and helping older adults adjust to a community that supports their safety, relationships, and quality of life.

Visit vlpfa.com to download resources or schedule a complimentary consultation to begin your personalized Retirement Readiness Journey: https://www.vlpfa.com/contact-us

Securities offered through Cetera Wealth Services LLC, member FINRA/SIPC. Advisory Services offered through Cetera Investment Advisers LLC, a registered investment advisor. Cetera is under separate ownership from any other named entity. The views stated in this material are not necessarily the opinion of Cetera Wealth Services LLC and should not be construed directly or indirectly as an offer to buy or sell any securities mentioned herein. Hosted by Rose Price, CFP®, AIF®, Partner, Financial Advisor, and Chris Mellone, CFA, CFP®, AIF®, Partner, Financial Advisor; Co-hosted by Ginger Noce and Kristy Kennedy from Silver Bridges Consulting. Ginger Noce and Kristy Kennedy are not affiliated or registered with Cetera Wealth Services, LLC. Any information provided by them is in no way related to Cetera Wealth Services, LLC or its registered representatives. VLP Financial Advisors, 1751 Pinnacle Drive, Suite 425, McLean, VA 22102 | 703-356-4360.