Getting older often means needing a bit more help, and fortunately, plenty of caring, compassionate resources are available to assist. One notable resource is available at Notre Dame du Lac Assisted Living Residence: Assisted Living. As seniors begin to plan for their future, they may need some assistance covering the monthly rate for Assisted Living.… Continue reading Does Long-Term Care Insurance Cover Assisted Living?
Tag: Long-Term Care Insurance
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
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
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