No matter your age, financial planning tips like updating your goals, clarifying costs, planning for healthcare expenses, budgeting, reviewing taxes, updating your estate plan, and avoiding scams can benefit everyone.
Everyone deserves the right to age well, yet more than 17 million Americans age 65+ are economically insecure. These older adults struggle with rising housing and healthcare costs, inadequate nutrition, limited access to transportation, and diminished savings. In 2022, just over half of adults aged 55–74 had retirement savings, and only 42% of those aged 75+ did.
People work hard their whole lives, raising families, building careers, and look forward to retiring and reaping the benefits of their efforts. Unfortunately, for many, circumstances lead to insufficient savings, making it difficult to live out that dream. Often, there simply wasn’t enough income to save for the future while managing daily needs.
If you find yourself in this situation, know that there are some “hidden gems” in retirement communities that still offer affordable accommodations. One of those gems is Glencroft Center for Modern Aging, one of Arizona’s largest continuing care retirement communities, offering Independent Living, Assisted Living, Memory Care, and Skilled Nursing.
For over 54 years, Glencroft has prided itself on providing residents with a safe, active, and affordable community that offers all levels of care. The value included in the monthly rent simplifies life for so many.
Less bills + less worry = more time to enjoy life.
At Glencroft, seniors aren’t just living—they’re thriving. Seeing is believing, so schedule a tour to see how promising your retirement years can be at Glencroft.
Remember, financial planning doesn’t end at retirement. Seniors have unique financial needs, and consulting with a financial professional can often provide valuable guidance.
Mary Albanese, Director of Lifestyle
