November 1, 2017
Written by Adinah East
The Sandwich Generation Statistics 2017 That You Need To Know Now
Being a part of the sandwich generation is a common phenomenon for many adults in their 40s and 50s. Many of these Gen X adults find that they are caring for their parents that are aging as well as the children that they had later in life all under one household. While caring for both a parent and a child can tax your abilities and spread you thin at times, it can prove to be a positive situation for all involved at times.
Having your parents under the same roof as your children can work to develop a family a family bond that is stronger than ever. A survey by the Pew Research Center suggests that 31 percent of adults in this dual caring role are very happy with their lives and another 52 percent say they are pretty happy. These positive sandwich generation statistics 2017 are similar to adults that are not a part of the sandwich generation, making both harmonious living arrangements.
Breaking Down The Sandwich Generation Facts
When we look at the sandwich generation facts, as many as 48 percent of adults under the age of 50 have financially supported at least one grown child in the past 12 months. Of this group, 27 percent are the primary financial supporter of their children. When we look at the sandwich generation facts and how they relate to parents, as many as one in five adults have offered a form of financial support to their elders, in the past year. These sandwich generation statistics 2017 indicate that most adults will be a part of a sandwich generation scenario at some point in their life, if not now, then in the future.
Breaking down the sandwich generation facts even further, we see that Hispanics take on the role of caregiver for elderly parents and children most often. Over 30 percent of Hispanic adults have a parent who is currently over 65 and care for at least a child in their family. In comparison, 24 percent of whites and 21 percent of blacks have the same caregiver relationship.
Most sandwich generation adults are middle aged with 71 percent of the group aged 40 to 59. A total of 19 percent is younger, and 10 percent are age 60 or older. Both men and women are tasked with the role of caregiver for their parents and children with equal percentages found for each gender in the study.
When we look at the sandwich generation statistics 2017 regarding income, more families that are affluent with an income of $100,000 or more take on the role of caregiver for their children and parents than not. This doesn’t mean that these families are less burdened financially as they have the same stressors as any adult that enters into a caregiving role for a parent while taking care of their family. These sandwich generation statistics 2017 break down with 43 percent of sandwich generation adults making $100,000 and 25 percent making between $30,000 and $100,000. Only 17 percent of adults caring for a parent and child make less than $30,000.
When you look at the sandwich generation facts, any adult can really find themselves as a part of this generation by caring for an aging parent and young children. The sandwich generation has no boundaries and is not dependent on income, race or gender. If you are considering being a caregiver for your parent as well as your family, the Caring People Inc blog will explain in depth what the sandwich generation is and how your life will be affected in this role.
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August 10, 2017
Tarantino Senior Communities recently added several of their properties to the fastest growing senior housing and services resource – SeniorLivingGuide.com!
Here’s a short list, click through each one to discover all that these beautiful communities have to offer!
The Barrington in Largo FL
At The Barrington, we offer a resort style retirement unlike any other. Our maintenance-free, senior community provides you with the lifestyle you deserve at a price you can afford. With restaurant style dining, daily events and activities and a friendly neighborhood community, The Barrington represents active senior living at its best.
Life at The Barrington gives you the opportunity to enjoy the freedom to do the things you want to do, when you want to do them. The choices are yours to make every day. Participate in daily activities and social events. Make new friends and memories that will last a lifetime. Get involved in as much or as little as you want-it’s your lifestyle.
Glenbrooke at Palm Bay in Palm Bay FL
The retirement community of Glenbrooke is located in the beautiful waterfront town of Palm Bay on Florida’s eastern coastline. Located midway between Jacksonville and Miami, Palm Bay has close proximity to Melbourne and Orlando International Airports and Port Canaveral. With its warm and sunny weather throughout most of the year, the hospitable community of Palm Bay offers the perfect place for easy living retirement.
The Native American Timucua people were thought to have been the first inhabitants in the Palm Bay and Turkey Creek area. They were attracted to the freshwater springs of the Indian River and Turkey Creek at Palm Bay. In the 1850s, the first European settlers built homes along Turkey Creek. Today, there are over 103,000 residents of Palm Bay that enjoy points of interests such as city parks, golf courses, aquatic center, and nearby beaches.
Lake Forest Park in Fort Pierce FL
The retirement community of Lake Forest Park is located in the historic town of Fort Pierce on Florida’s eastern coastline. With its warm and sunny weather throughout most of the year, the waterfront community of Fort Pierce offers the perfect place for easy living retirement.
As one of the oldest communities on the eastern coast of Florida, Fort Pierce is part of the “Treasure Coast”. The Treasure Coast is named after the sinking of a Spanish treasure fleet in 1715. Since 1901, the city of Fort Pierce has grown in population and size with approximately 42,000 people residing in the city. It has developed into a visitors destination, with points of interests such as shopping and dining in historic downtown, the Sunrise Theatre for the Performing Arts, The National Navy UDT-SEAL Museum, and the Heathcote Botanical Gardens.
Lewisville Estates in Lewisville TX
At Lewisville Estates, we offer a resort style retirement unlike any other. Our maintenance- free, senior community provides you with the lifestyle you deserve at a price you can afford. With restaurant style dining, daily events and activities and a friendly neighborhood community, Lewisville Estates represents active senior living at its best.
Life at Lewisville Estates gives you the opportunity to enjoy the freedom to do the things you want to do, when you want to do them. The choices are yours to make every day. Participate in daily activities and social events. Make new friends and memories that will last a lifetime. Get involved in as much or as little as you want-it’s your lifestyle.
The Fountains at Lake Pleasant in Peoria AZ
Located in the Salt River Valley of Arizona and extending into the foothills of the mountains to the north with the Agua Fria River and New River flowing through the area, sits The Fountains at Lake Pleasant, a vibrant community for those 55 years young. Nature and nurture combine at our breathtaking community in the heart of Peoria, Arizona. With its warm and sunny weather throughout the year, the community of Peoria offers the perfect place for easy living retirement.
Our Mediterranean-style resort community features eighty-six residences located on a beautifully landscaped citrus grove. Can you say freshly squeezed orange juice? Offering spacious one and two bedroom apartment homes, The Fountains at Lake Pleasant is truly a step above the rest.
Oakey Assisted Living Community in Las Vegas NV
Welcome to Oakey Assisted Living, your premier assisted living community in Las Vegas, Nevada. We are excited to be considered as a senior assisted living community for your loved one. Our dedicated and devoted staff will ensure that your family member enjoys their stay at our newly remodeled assisted living community. We pride ourselves in the partnership between our staff and your family. Your loved one’s care is our priority.
We know how stressful choosing the right assisted living environment for a parent or loved one can be. One of our goals at Oakey Assisted Living is to offer the best senior assisted living in Las Vegas. It is important to us to provide the highest level of care in Nevada. As an assisted living community we offer our seniors top notch accommodations including daily activities, organized outings, nutritional meals, a variety of programs and much more.
The Devonshire in Hampton VA
Welcome to The Devonshire Retirement Community, your premier independent and assisted living community in Hampton, Virginia. Our dedicated and devoted staff is focused on providing the very best in senior living. Our remarkably beautiful community provides a welcoming attitude to all that come through the door. Paved walkways through lush grounds and courtyards provides a landscape of enjoyment where residents can enjoy spending time both indoors and outdoors during all seasons of the year.
We offer a variety of amenities to enrich the lives of our residents. A few of our amenities include full size apartments with housekeeping and laundry facilities, engaging activities and events, chef prepared meals in our elegant dining room, as well as fitness center, beauty salon, library and game room. We are centrally located in Hampton, Virginia just off Interstate 64. This highly sought after region provides our residents with easy access to the Peninsula Town Center, Coliseum Central district, and provides a variety of entertainment, dining, and healthcare options. Our dedicated transportation team can help provide residents needing assistance to get back and forth to doctor’s and dental appointments, as well as provide entertainment and religious options as well.
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May 8, 2017
Courtesy of Devin Peterson, RICP, Advisor
The 20-yard line looks like any other line on the football field, but the game changes as soon as the offense crosses it. This is the Red Zone, the 20 yards left before reaching the end zone. Here, defensive players change their tactics and play with heightened awareness—closer to the line of scrimmage with tighter coverage on the receivers to protect the end zone.
There’s another red zone off the field and closer to home: the Retirement Danger Zone. Here, the financial game transforms, and your defenses need to be stronger and more secure to protect yourself during the few years before and after your retirement date. In this article, we’ll discuss the Retirement Danger Zone, how sequence-of-return risk factors into your financial strategy, and how to protect yourself to come out ahead.
What is the Retirement Danger Zone?
The Retirement Danger Zone covers the period five years before and five years after retirement. You could be getting ready to retire, with plans to leave your employer, or you could be a few years into your retirement and collecting social security. No matter where you fall in this window, you need to be aware of your financial vulnerability.
During this 10-year period, your retirement assets are most vulnerable to market losses, so they need more protection. This vulnerability is caused by the common need for retirees to take withdrawals to supplement their other sources of retirement income. Traditional wisdom for using a market portfolio to supplement your income is withdrawing up to 4% of your balance each year to be used as income. (Most financial advisors cite the “4% rule” as a safe bet). But market losses close to retirement combined with these withdrawals can derail even the best-laid plans.
What is sequence-of-return risk, and why should I care?
Mathematically, the sequence of your returns do not matter if you are not taking withdrawals from your portfolio, even with extreme market volatility. For example, a $1,000,000 portfolio that experiences returns of +100% and then -50% will finish with the same balance as a portfolio that has returns of -50% and then +100%. In both cases, the portfolio’s ending balance is the same $1,000,000, even though the average rate of return is 25%.
Now, to illustrate this risk for an individual moving into retirement, let’s use an extreme cash flow example of a retiree who needs to withdraw $500,000 from his/her account at the end of the first year. In the first sequence, the $1,000,000 would grow to $2,000,000 (100% return) and would easily fund the $500,000 withdrawal. Then, in year two, the account balance reduces to $750,000 (-50% return). In contrast, the second sequence would reduce funds from $1,000,000 to $500,000 (-50% return)—and, after the $500,000 withdrawal, the balance would be $0. In this case, the following year’s 100% return is irrelevant.
In reality, a retiree’s withdrawal needs are not that extreme after the first year of retirement. Nonetheless, the fundamental point remains: if losses are experienced during the Retirement Danger Zone, then it can have devastating effects on the longevity of your portfolio.
These losses are much more damaging to your portfolio in the Retirement Danger Zone simply because with each withdrawal you lock in permanent losses when the market is down. When your account does rebound, it does so with less strength and leverage. This is considered a double loss.
How can I protect myself in the Retirement Danger Zone?
With planning and correct asset placement, you can protect against sequence-of-return risks. With a financial advisor’s help, you can learn to play differently, just like linebackers playing in the red zone to prevent a touchdown.
Under a financial advisor’s guidance, the best protection is to diversify your portfolio. Think of it like storing your assets in two buckets—a safe bucket and a growth bucket. When the market is down, you have a non-market correlated asset to supplement income while you let your full in-market account rebound. “Unless you are a market oracle, owning a diverse portfolio is vital to help limit downside risk,” writes Forbes contributor Stephen McBride. “Many investors know that a good asset mix is key to earning steady returns and invest wisely.” Different avenues of “safe bucket” investments may include the following:
- Real estate
- Bond portfolio
- Income annuity
There is no magical combination that will protect against loss, just as there is no single best defensive play for protecting the end zone. But, with the help of a financial coach, you can read the situation and look for the best plays, the best investments, to see your portfolio out of the danger zone and into retirement.
Call or email an Investment Advisor Representative with Allegis Investment Advisors LLC, a SEC Registered Investment Advisor to learn more. 591 Park Ave Suite 101, Idaho Falls ID 83402.
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February 2, 2017
Regency at Pineville, a GORGEOUS community in Charlotte, NC has recently bumped their listing up in our search results by upgrading to a Premium listing!
Premium listings appear near the top of our search results better promoting Regency at Pineville to seniors and their loved ones searching for senior housing in the Charlotte area.
We’ve also updated a video for them to better showcase their community and build interest.
You can view this wonderful community by clicking here!
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January 25, 2017
Resort Lifestyle Communities has recently partnered with SeniorLivingGuide.com to promote their beautiful communities in AL, AZ, FL, KS, ME, MO, NC, NE, NM, NY,OH, SC, TN & TX!
Their listings on SeniorLivingGuide.com show community photos and floor plans, list amenities and features, and have direct contact info for all of their properties.
We look forward to connecting seniors and their loved ones with these amazing retirement communities!
You can view a description of Resort Lifestyle Communities, as well as links to their website and social media pages, and a list of all of their new listings on SeniorLivingGuide.com by clicking here.
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September 8, 2016
The Southeast area of Florida is a heavily saturated market when it comes to senior housing. Aston Gardens at Parkland Commons now has an opportunity to showcase their community by standing out from fellow communities. How did they do it? By upgrading to a Premium position on the nation’s fastest growing senior housing and services resource – SeniorLivingGuide.com!
Aston Gardens at Parkland Commons now appears ABOVE all of the basic listings in Southeast Florida giving them premium exposure to seniors and their loved ones who are searching for Retirement, Active Adult, Assisted Living and Alzheimer’s care in that area. Not only that, but our Premium and Featured listings also include a custom video so consumers can learn more about Aston Gardens at Parkland Commons and all that they have to offer.
Want to check them out on SeniorLivingGuide.com? Click HERE
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July 8, 2016
Check out our newest Featured advertiser – The Georgian Apartments in Houston TX! You can view their new FEATURED ad complete with a video and links to their corporate website, clinic Facebook and Twitter profiles here – http://www.seniorlivingguide.com/DB/facilities.tpl?sku=20160707095456
Home is not a place but a feeling of complete comfort and relaxation. Here at The Georgian, you will enjoy a community of Houston apartments perfect for independent seniors, ages fifty-five and up. Designed with a variety of recreational and residential accommodations, these one and two bedroom apartments and townhomes offer neighborhood convenience at an affordable price. Take a look around and you will see why so many are proud to call The Georgian their home.
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May 13, 2015
This month we are celebrating the 22nd Annual National Senior Health and Fitness Day by offering Total Fitness classes at Majestic Rim. Read the MAY NEWSLETTER for various exercise tips and activities that match your interests. Whether you prefer aerobics, gardening, Bocce ball or circuit training, you will find a Payson activity to join on Wednesday, May 27th. Like 100-year-old Carolyn Heeter says, “If You Keep Moving… You’ll Keep Improving.”
The Majestic Rim May PULSE Newsletter is now available and please be sure to RSVP for the Total Fitnes class event on May 27th by emailing Cristine Royer no later than May 22nd.
Come to Majestic Rim and Discover the Difference.
If you are looking for a place where you can live the lifestyle you want, explore your dreams and enrich your life, Majestic Rim is the place for you.
Call to arrange a tour and discover what home feels like.
310 East Tyler Parkway | Payson, AZ 85541 US
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February 16, 2015
We’ve added two FREE listings for CRH Northwest Retirement Communities to the nations fastest growing senior housing and services resource – SeniorLivingGuide.com!
14431 Redmond Way
Redmond, WA 98052
Peters Creek Retirement & Assisted Living offers many living options with personalized assistance, supportive services and compassionate care in a professionally managed, carefully designed, retirement community setting. It’s the perfect alternative for seniors who can no longer live on their own at home, yet don’t need 24-hour, complex medical supervision.
Our brand new memory care wing is nearing completion, where specially trained nurses and staff are dedicated to providing the unique level of care that residents with memory loss require.
Check out this listing here.
Chandler House Alzheimer’s and Related Dementia Care
701 N 39th Ave
Yakima, WA 98902
Chandler House Alzheimer’s and Related Dementia Care, located just off 40th Avenue near the Yakima River in Yakima, WA, provides superb care for residents who face the daily challenges of Alzheimer’s and Dementia. For over a decade, Chandler House Alzheimer’s and Related Dementia Care has developed a reputation of excellence for providing our residents with the highest level of care and a loving home. Our trained professional staff is qualified to meet the needs of each individual.
Please visit our community and see first-hand our dedication to providing the best possible home for our residents. Also, read more using the menu items above to find out more about the good things we are doing. Chandler House Alzheimer’s and Related Dementia Care has always been a family owned facility devoted to meeting the needs of the families who choose to make Chandler House Alzheimer’s and Related Dementia Care home.
View this listing here.
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January 19, 2015
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Sun Terrace Hermiston offers retirement and assisted living options with compassionate care in a professionally managed, search carefully designed, cialis sale retirement community. Our focus on wellness and keeping residents as independent as possible provides the perfect alternative for seniors who can no longer live on their own. Our residents enjoy beautifully appointed living spaces, delicious meals and engaging social activities.
We are conveniently located minutes from downtown Hermiston with its many shops and restaurants as well as local community activities.Sun Terrace Hermiston is the ideal senior housing community for families living in Hermiston and the surrounding cities in Umatilla and Morrow counties. Whether the search is for a short term respite stay or a longer term living option, we invite you to visit Sun Terrace Hermiston and experience our commitment to bringing independence to living and quality to life.
View the full listing here – http://www.seniorlivingguide.com/DB/facilities.tpl?sku=20150119080114
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