With 70% of adults aged 65 and older eventually needing senior care and 20% requiring senior care for longer than five years, it’s essential to be prepared for senior care expenses. Preparing for senior care costs in advance is advisable. However, this is not always the case, and many families are unprepared for the costs… Continue reading Understanding the Cost of Senior Care
Author: Paige Thayer
Questions to Ask to Find the Best Memory Care Community for Your Loved One
According to the CDC, 34% of residents in long-term care communities have Alzheimer’s disease and other forms of dementia. Once you have recognized the signs that it’s time for memory care, choosing a memory care community for a loved one is a significant decision. This is an emotional and overwhelming time, and finding a memory care… Continue reading Questions to Ask to Find the Best Memory Care Community for Your Loved One
Insurance Options for Paying for Senior Living
The expense of retirement to a senior living community can often be the biggest drain on your finances. According to Genworth’s Cost of Care Survey, the median cost of assisted living and nursing home communities in the Worcester area is $5,685 per month. You may already have various insurance policies but haven’t considered that they… Continue reading Insurance Options for Paying for Senior Living
When Is It Time for Memory Care?
Having a loved one diagnosed with dementia can be both scary and overwhelming. First, know you’re not alone. According to the World Health Organization, more than 55 million people are living with dementia. Managing the care of a loved one with dementia and knowing when to ask for help is difficult for many families. Memory… Continue reading When Is It Time for Memory Care?
The VA Aid and Attendance Benefit and How It Can Help Pay for Senior Living
If you’re a U.S. armed forces Veteran, you’ve probably taken advantage of many of the benefits available from the U.S. Department of Veterans Affairs (VA). However, many Veterans are unaware of a significant benefit that can help pay the costs of senior living expenses for veterans and their spouses. You never know when an illness… Continue reading The VA Aid and Attendance Benefit and How It Can Help Pay for Senior Living
What is Memory Care?
Caring for a senior with memory loss is difficult. If you’re looking for help for a loved one with memory loss you’re not alone. According to The World Health Organization, more than 55 million people are living with dementia. Memory care is a type of long-term residential care designed for seniors with memory loss, Alzheimer’s… Continue reading What is Memory Care?
Funding Sources for Senior Care and Housing
Paying for future senior care and housing expenses are a legitimate and significant concern for older adults. The U.S. Department of Health and Human Services reports that adults aged 65 and older have nearly a 70% chance of requiring long-term care services in their remaining years. In addition, the costs of health care and long-term… Continue reading Funding Sources for Senior Care and Housing
Safety and Security: The Peace of Mind Assisted Living Communities Provide
As we age it can become more difficult to live alone. Even the most attentive family members may struggle to take care of a senior loved one. It’s normal for family members to feel overwhelmed, stressed, and even guilty about not being able to ensure the health and safety of a loved one. In addition… Continue reading Safety and Security: The Peace of Mind Assisted Living Communities Provide
How Social Connections Protect the Health and Wellness of Seniors in Assisted Living
Social isolation and loneliness are significant problems among seniors. According to the National Academies of Sciences, Engineering, and Medicine (NASEM), nearly one-fourth of adults aged 65 and older are socially isolated. Many seniors experience social isolation for reasons such as lack of transportation due to driving limitations, living alone, and poor health. Having the opportunity… Continue reading How Social Connections Protect the Health and Wellness of Seniors in Assisted Living
5 Smart Ways To Pay for Assisted Living Costs
According to the U.S. Census Bureau, adults age 65 and older are one of the fastest-growing populations in the United States. Aging baby boomers and an increase in life expectancy are contributing factors.Many seniors will eventually need long-term care, including Assisted Living, and sticker shock is common. When they add up the la carte costs… Continue reading 5 Smart Ways To Pay for Assisted Living Costs