Paying for Assisted Living

Paying for Assisted Living

We know that “home instead” is the first choice for senior living in most cases. Numerous studies conducted by the American Association of Retired People and other organizations have confirmed this. Most seniors would prefer to “age in place” in the familiar surroundings of their long-time home. We also know that this sometimes becomes impossible or at least unwise. Even if you have no immediate plans to enter an adult community or an adult assisted living facility, it is wise to be aware of the possible alternative if the need arises. The details of financing assisted living may be confusing for older adults and for their loved ones. Most of these expenses are paid from the family’s private funds, but there are additional programs and funding solutions that you should investigate. Doing this ahead of time may save a lot of anxiety in the future, so find out about these possible options. Veterans Aid & Attendance Benefit. This is probably the first...
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