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Your Guide to Luxury Retirement Living

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Apartment-style living, daily meals, transportation, exercise classes, events, and activities are common in senior living facilities. However, Luxury Retirement Living communities provide more facilities and services, making them seem more like five-star resorts than retirement homes.


Luxury senior housing options range from beachfront to urban high rises for seniors who can afford a more luxurious lifestyle.

What Is a Luxury Retirement Living Community?
Luxury Retirement Living communities provide elegant houses and apartments in attractive settings and facilities similar to those of a luxury resort or hotel.

Residents reside in large flats with balconies or patios. Apartments frequently include high-end kitchen equipment, washing machines, and other amenities.

The community may have spas, hair salons, restaurants, pools, exercise centres, golf courses, and theatres. Housekeeping, food buying and delivery, transportation, and onsite healthcare visits are examples of services.

Luxury Retirement Living complexes provide independent living, assisted living, memory care, and skilled nursing. Some of them may provide a continuum of care so people can upgrade as they age.

Qualities of a Luxury Retirement Living
Touring Luxury Retirement Living complexes involves more than simply beautiful lobbies, amenities, and common spaces. Most luxury senior housing residents won’t relocate again once they move into one.

Continue reading Your Guide to Luxury Retirement Living

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New Jersey Rated 2024’s 2nd Worst State to Retire In

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file photo by Boyd Loving

the staff of the Ridgewood blog

Ridgewood NJ, with more than 3 in 10 Americans feeling anxious about retirement, the personal-finance website WalletHub today released its report on 2024’s Best & Worst States to Retire, as well as its 2024 Retirement Savings Survey.

Continue reading New Jersey Rated 2024’s 2nd Worst State to Retire In

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Inflation Has Eroded Retirement Plans Values by an Average of $16,200

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the staff of the Ridgewood blog

Ridgewood NJ, stocks up but you are still feeling a little poorer ? Americans’ nest eggs are getting clobbered by “Bidenflation”.

Continue reading Inflation Has Eroded Retirement Plans Values by an Average of $16,200

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How to Adjust to the Emotional Side of Retirement

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Retirement is about more than just leaving your job and enjoying a life of leisure. It’s also an emotional time, and there are many adjustments to be made as you transition away from your career. While it may feel freeing at first, it is also often a slower lifestyle than you are used to, so you might find yourself wondering what you have gotten yourself into. Luckily, there are a few ways to make the transition smoother for you and thrive during retirement.

Continue reading How to Adjust to the Emotional Side of Retirement

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Archdiocese of Newark to Hold Collection to Aid Retirement Needs to Eligible Catholic Religious Institutes

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the staff of the Ridgewood blog

Newark NJ,  the National Religious Retirement Office (NRRO) announces that on Dec. 10-11, 2022, the Archdiocese of Newark will hold the annual Retirement Fund for Religious collection in parishes throughout the archdiocese.

Continue reading Archdiocese of Newark to Hold Collection to Aid Retirement Needs to Eligible Catholic Religious Institutes

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Rising Costs of Living :1 in 5 Retirees Plan to go Back to Work This Year

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file photo by ArtChick

the staff of the Ridgewood blog

Ridgewood NJ, after a surge in retirement during the early months of the pandemic, the rate of retired workers returning to the job market has slowly been increasing over the past year. And as the labor shortage drags on, more opportunities have become available for those looking to come back to work, especially in a part-time capacity.

Continue reading Rising Costs of Living :1 in 5 Retirees Plan to go Back to Work This Year

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SURVEY: Fears of contracting COVID-19 is the most cited reason among unemployed Americans still not job hunting

the staff of the Ridgewood blog

Ridgewood NJ, ResumeBuilder.com recently released a survey that discovered what’s stopping Americans from job hunting.

Continue reading SURVEY: Fears of contracting COVID-19 is the most cited reason among unemployed Americans still not job hunting

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Practical Tips That Will Help You Prepare For Your Upcoming Retirement

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Retiring early is the dream of many but the truth is that the dream is unachievable unless you carefully plan for your future. It’s not easy planning for your retirement but that isn’t to say that it’s impossible. With the right guidance and knowledge, you can have your future set up for you in just a few years.

Continue reading Practical Tips That Will Help You Prepare For Your Upcoming Retirement

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Kearny Bank Survey: Affording retirement is greatest financial concern of New Jersey residents

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the staff if the Ridgewood blog

FAIRFIELD NJ, Affording retirement is the most significant financial concern of New Jersey residents. That’s the key finding from the recent Kearny Bank Personal Finances Poll, an online survey conducted recently by Fairfield-based Kearny Bank.

With 1006 responses collected, the survey indicates that more than one quarter of respondents (27.2%) consider being able to afford retirement their most pressing financial worry. Other frequently cited issues include Healthcare (17.4%), Housing (12.8%), and Daily expenses/inability to save (12.6%). Of note, “Other” – which incorporates a range of issues faced by New Jersey residents – was selected most frequently by 16.7% of those completing the survey. Rounding out the survey are Education (10.7%) and Transportation (2.7%).

Continue reading Kearny Bank Survey: Affording retirement is greatest financial concern of New Jersey residents
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WalletHub Study: New Jersey Ranks as 2019’s 5th Worst State to Retire

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file photo by Boyd Loving

the staff of the Ridgewood blog

Ridgewood NJ, To help retirees find a safe, enjoyable and wallet-friendly place to call home, WalletHub compared the 50 states across 46 key metrics. The data set ranges from adjusted cost of living to weather to quality of public hospitals.

Retiring in New Jersey (1=Best; 25=Avg.)

  • 42nd – Adjusted Cost of Living
  • 33rd – Annual Cost of In-Home Services
  • 42nd – WalletHub ‘Taxpayer’ Ranking
  • 45th – Elderly-Friendly Labor Market
  • 28th – % of Population Aged 65 & Older
  • 46th – Health-Care Facilities per Capita

For the full report, please visit:
https://wallethub.com/edu/best-and-worst-states-to-retire/18592/

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Working Past 70: Americans Can’t Seem to Retire

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file photo by ArtChick

U.S. seniors are employed at the highest rates in 55 years.
By
Ben Steverman
July 10, 2017, 4:00 AM EDT

More and more Americans are spending their golden years on the job.

Almost 19 percent of people 65 or older were working at least part-time in the second quarter of 2017, according to the U.S. jobs report released on Friday. The age group’s employment/population ratio hasn’t been higher in 55 years, before American retirees won better health care and Social Security benefits starting in the late 1960s.

And the trend looks likely to continue. Millennials, prepare yourselves. Better yet, consider this and this, so you have a choice in the matter when your time comes.

https://www.bloomberg.com/news/articles/2017-07-10/working-past-70-americans-can-t-seem-to-retire