Buying or renting senior housing is a major step in a person’s life. Finding an affordable place that fits your lifestyle now and in the future is important.
The cost of senior living can be a major consideration for families. It’s important to understand how much different options cost and how they compare to staying home. Some seniors can afford a senior living facility with help from family, retirement accounts, or government benefits. It’s also helpful to calculate the total monthly bills a senior pays and compare that number to a monthly fee estimate from a senior living community. It’s also important to consider the costs of home maintenance and utilities, which can be avoided by moving into a senior living apartment. Many seniors hesitate to move into a senior housing facility because they think it will be too expensive, but perception is only sometimes reality. Senior living communities …Continue reading