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Assisted Living Costs: Social Security Benefits Often Overlooked

5 Benefits to Use for Assisted Living Costs

Many Americans count on Social Security as a major source of their retirement income, yet they are unclear on how the benefit works or are unaware of all the benefits available. Learn whether your Social Security retirement planning is on track and if you are maximizing your payout to help with your assisted living costs. Benefits to Use for Assisted Living Costs Assisted living and healthcare costs are the most expensive costs of retirement. Social Security benefits are a major source of income to h...
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Celebrating the Holidays With Seniors in Assisted Living

Celebrating the Holidays With Seniors in Assisted Living

For many of us, the holiday season is the most wonderful time of the year with family gatherings and festive events to look forward to. However, for seniors in assisted living or those in isolation, the holidays may not be as enjoyable. Learn more about how to bring holiday cheer to your parents and senior loved ones in assisted living this season. Helping Seniors in Assisted Living Avoid Isolation During the Holidays Isolation is difficult to detect in seniors and not a topic that is openly discusse...
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5 Reasons to Tour Assisted Living Communities During the Holidays

5 Reasons to Tour Assisted Living Communities During the Holidays

If you are researching assisted living for yourself, a parent or senior loved one, the single most important step of that research is to visit a senior living community. No amount of viewing floor plans, photos or reviews can substitute for an in-person visit to an assisted living community. Reasons to Tour Assisted Living Communities During the Holidays Even if you’re not sure if a senior living community is in your near future, it’s prudent to see the communities in your area in case an unexpected ...
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The Importance of Being Fiscally Fit for Longevity in Assisted Living

The Importance of Being Fiscally Fit for Longevity in Assisted Living

Being prepared for end-of-life costs is an important piece of retirement planning as assisted living and long-term care account for the majority of expenses in our later years. Learn more about assisted living costs and read our tips for becoming more fiscally fit for longevity in assisted living. How to Be Fiscally Fit for Longevity in Assisted Living According to the Genworth 2018 Cost of Care Survey, assisted living communities cost $45,000, while semi-private nursing homes cost $85,775 and privat...
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Are You Financially Prepared for Assisted Living Costs?

Are You Financially Prepared for Assisted Living Costs?

Many aging Americans are unprepared for the costs associated with long-term care. An assisted living community can easily cost as much per month as the mortgage for a home, which can drain retirement nest eggs faster than one might think. Preparing for the unexpected is an important part of retirement planning. Read more about assisted living costs and see our tips on building better financial strategies for your retirement. Being Realistic About Assisted Living Costs The majority of baby boomers are...
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Secrets to Easing the Transition to Assisted Living

Secrets to Easing the Transition to Assisted Living

Last Updated: September 27, 2018 Change is difficult, so it’s natural that seniors can have difficulty transitioning to an assisted living community. While there are many benefits of assisted living, there’s no getting around the fact that the move involves changes that seniors don’t always like. Psychologist Dr. Deborah L. Stote said in an interview, “Older adults who are moving from their home into assisted living typically encounter varying degrees of adjustment disorder.&#...
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The Benefits of Moving Into Assisted Living Early

The Benefits of Moving Into Assisted Living Early

When choosing a retirement community for yourself, a parent or senior loved one, there are a lot of factors to consider. Ensuring current health needs are met is important, but will the senior living community be able to meet future health needs as well? Learn more information about continuing care and senior care options for seniors, and also about the benefits of moving into assisted living early. Benefits of Moving Into Assisted Living As seniors age, their health needs grow, which is why it’s alw...
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Seniors and Students Learn Together in Assisted Living

Seniors and Students Learn Together in Assisted Living

Assisted living and retirement communities across North America have reevaluated the ways in which they provide care and stimulation to their residents and the results have been incredible. One strategy has been to create a shared space for both seniors and students – ranging from elementary to college – to interact and learn together in assisted living. This intergenerational atmosphere is not only a great use of often-scant resources and space, it is also beneficial for the overall wellness of both...
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Senior Housing Goes Back to School: University-Based Retirement Communities

Senior Housing Goes Back to School: University-Based Retirement Communities

Last Updated: August 16, 2018 In the last decade, senior housing developers have focused on an increasingly popular form of senior living: university-based retirement communities. These senior living communities are providing both students and residents many benefits in an intergenerational and stimulating environment. Learn more about how seniors are going back to school while residing in university-based retirement communities. The Benefits of Senior Housing at Universities Senior housing on univer...
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What You Need to Know About Assisted Living

What You Need to Know About Assisted Living

Many people use “assisted living,” “long-term care” and “retirement home” interchangeably when investigating different senior living and care options for a parent or senior loved one; however, the differences vary greatly. It is important to understand the style of care each senior living option provides before planning for your senior loved one to transition from their current living arrangement. What Kind of Care Is Provided in Assisted Living? According to an article published by The San Diego Uni...
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Only 16% of Retirees Are Confident About Affording Assisted Living Care

Only 16% of Retirees Are Confident About Affording Assisted Living Care

A recent survey conducted by the Employee Benefit Research Institute (EBRI) and Greenwald & Associates unveiled surprising statistics regarding retirees and their level of confidence about retirement. While 34% of retirees reported feeling “somewhat confident” that they will be able to afford care, only 16% reported feeling “very confident” of their ability to afford the rising costs of assisted and senior living. McKnight Senior Living notes that this percentage is a significant decrease from la...
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Is Assisted Living Overpriced?

Is Assisted Living Overpriced?

Last Updated: July 5, 2018 As families searching for assisted living encounter community prices, a common first reaction is “sticker shock.” The average cost of a one-bedroom assisted living apartment is approximately $3,823 per month, according to data from A Place for Mom’s Senior Living Cost Index. Most would agree that this is a significant sum of money — but is it too much? Read more about assisted living costs and if assisted living is overpriced. Assisted Living: What You Get...
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Assisted Living Hospitality

Assisted Living Hospitality

Not too long ago, assisted living communities often resembled hospitals with strict bathing, eating and sleeping schedules. Today, however, most senior living communities have adopted a philosophy that focuses on offering luxuries previously reserved only for hotels and resorts. According to an article published by Marketplace, senior living developers say “the industry is starting to view assisted living more as hospitality… offering restaurant-style dining and a décor that resembles more of a...
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Assisted Living Trends to Leave Behind

Assisted Living Trends to Leave Behind

In the 1960s, the Nursing Home Standards Guide was issued, setting regulatory standards and outlining recommendations for all federally licensed facilities. Since then, senior living communities have seen many changes and trends come and go. Assisted Living Trends to Leave Behind These three assisted living trends may be best left behind: 1. Cafeteria-Style Dining Dining is a very important element in the lifestyle of assisted living residents. Alternative options to the basic buffet or cafeteria-sty...
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Intergenerational Assisted Living

Intergenerational Assisted Living

North American seniors are living healthier, longer lives than any generation that has come before them. Why are aging adults experiencing fewer physical ailments and more disability-free years? According to a recent Harvard study, “one of the most powerful contributors is improved medical treatment, especially better cardiovascular health and vision care.” As Americans continue to shift towards healthy aging, goals for retirement and senior living have shifted as well. Seniors in North America expec...
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