Tag: investments
Convert Colleges to Senior Hsg. Enrollment Declines Create New Opportunities
I have written three times before on this blog about augmenting college finances and declining enrollment by introducing senior housing on campus or by fully converting small college campuses into senior housing communities. The first time was February 2, 2019, in response to an opinion piece in the Wall Street Journal about the challenges facing…
New FNMA/FHLMC Requirements Set National Standard For Condominium Maintenance
The Federal National Mortgage Association, commonly known as Fannie Mae (FNMA), and The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac (FHLMC), are publicly traded, government-sponsored entities (GSEs) that purchase mortgage loans from banks and mortgage banking companies. GSEs package these loans into mortgage back securities that are sold to investors. This process…
Wall Street Journal Recommends Financial Advisor For Retirees
I continue to find the Wall Street Journal one of the best sources of financial advice for seniors. In the “Ask Encore” column on Monday, October 31, 1017, Glenn Ruffenach recommends that retirees retain a financial advisor, despite fees that can run to 1% of assets. While some retirees have the skills and time to manage…
Financial Planning For Retirement
As with most articles on my blog, this one started with a conversation with a friend. The friend recently turned 60 and is starting to seriously think about retiring from a professional position. He is thinking about a range of options: fully retiring at age 62, shifting to part-time with his firm and delaying retirement…
Staying At-Home With Care Exceeds Cost of A Senior Housing Community
EXECUTIVE SUMMARY Most seniors and their families see the monthly cost of a senior housing facility as much higher than the monthly cost of living at home with family care, or even with part-time or full-time home healthcare. But the math that most seniors and families use to make this comparison assumes no implied cost…
The Cost of Care
Raw Cost of Care The chart below shows the average monthly cost of care for skilled nursing (nursing home), memory care (dementia), assisted living and independent living facilities in the Baltimore/Washington region for 2015. It also shows the cost for 24 hour / 7 day a week home health aide care and 24/7 home…
Ten Takeaways From NIC Conference
The Fall conference of the National Investment Center for the Seniors Housing and Care Industry (NIC – www.nic.org) was held in Washington, DC from September 14 to September 16, 2016. This is the largest industry conference for seniors housing and care. I moderated a panel entitled “Somewhere Over The Rainbow: Where Winning Post Acute Strategies…
Pivot Points In Seniors Housing/Post-Acute Care Create Investment Opportunities
On Tuesday, May 17, 2015 I was featured in a question and answer session over breakfast with subscribers of Senior Care Investor, moderated by its editor Steve Monroe. We covered a wide range of topics. I summarize below key takeaways from my Senior Care Investor interview and provide a link to the nearly one hour…
Managing Your Investment Portfolio
As a former stock analyst, I often get questions about what stocks to buy or how to manage an investment portfolio. I am not going to recommend specific stocks in this blog because I believe there is already an overwhelming amount of financial advice on the web and because I no longer follow individual companies…