• Getting Creative About How To Pay For Senior Care

    The good news is that senior housing in an assisted living facility or adult family care home is a lot less expensive than you might think – especially when you compare these costs to long term care or nursing homes. Depending on the level of care and amenities, you can expect to pay $3,000 – $8,000 per month for assisted living, compared to $10,000 and up for a nursing home or long term medical care facility. Many people initially think there is no way to afford assisted living, but there are many ways that families can come up with the resources to help with senior housing expenses: Veterans Benefits: If your loved one (or your loved one’s spouse) was a veteran, you may find you have some great assisted living benefits. Veterans benefits can be used to pay for residential care in a variety of situations. One set of benefits is available to those with service-related injuries or disabilities; another […]

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