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After reaching the mandatory retirement age of 75, Borders submitted his letter of resignation to Pope John Paul II, who accepted his resignation on April 6, 1989. [1] His successor was William H. Keeler, then serving as Bishop of Harrisburg, Pennsylvania. In 2003, Borders moved to the Mercy Ridge Retirement Community in Lutherville, Maryland.
Retirement communities in the U.S. are big business. A Grand View Research report found that the U.S. active adult community market for ages 55+ was worth $587.7 billion in 2022, up from $565.3 ...
Examples of retirement community types include: assisted living communities, also known as assisted living and memory care assisted living communities, which provide all the daily services seniors need in an apartment or condominium style environment - such as activities, dining, housekeeping, nursing, and wellness - usually in a locked and ...
A noteworthy Canadian example, Arbutus Ridge Seaside Community for Active Adults in the Cowichan Valley on Vancouver Island, was the first comprehensive retirement community built in Canada. It is a private community that subsequently became the template and proving ground for what has become accepted and commonplace.
Retirement savings plans like IRAs and 401(k)s are often promoted as key tools for securing financial stability in retirement. However, new findings from the Employee Benefit Research Institute ...
When politicians pick winners and losers, the real losers are often the American taxpayers.
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