Whether your search for senior housing is prompted by a family member’s serious medical condition or the desire for a lifestyle change, finding the right place to live can be challenging and stressful for both you and your family. However, the earlier you assess your current needs and how those needs may evolve over time, the more choices and control you’ll have.
Today we discuss briefly the different types of senior housing available, you can make the choice that’s right for you and ensure you enjoy a happy, healthy, and fulfilling home environment as you age.
This is always a sensitive subject and for many families a taboo. It doesn’t have to be and they will be thankful if you sit down and talk about their plans early.
As a SRES many of my calls are about counselling and very few lead to listings or contracts.
Making the decision to age in place or move.
How many family members are there? Who is the decision maker?
Transition can be up to three times once one can become a Senior.
Items to consider when aging in place.
Stairs Accessibility
Current condition of the home
Modifications planned.
Hardest thing is Change – Losing your Independence
Discussing with a Elder Law Attorney and setting up Trusts vs just a Will
Medicaid’s Asset Transfer Rules – Look into it early as it will cost you down the road.
Types of Housing
Aging in place
The Village Concept
Assisted Living
Nursing Homes
Comparison of Senior Housing Options in the U.S. |
|||
Feature or Service |
Independent Living |
Assisted Living |
Nursing Home |
Approx. Cost per Month |
$1,500 – 3,500 |
$2,500 – 4,000 |
$4,000 – 8,000 |
Meals per Day |
Meal Plan Options |
3+ |
3+ |
Medication Management |
No |
Yes |
Yes |
Personal Care |
No |
Yes |
Yes |
Mobility Assistance |
No |
Yes |
Yes |
Accepts Wheelchairs |
Yes |
Varies |
Yes |
Alzheimer's/Dementia Care |
No |
Varies |
Varies |
On-Site Nurses |
No |
Varies |
Yes |
Transportation |
Most Yes |
Most Yes |
Yes |
Incontinence Care |
No |
Yes |
Yes |
Housekeeping |
Varies |
Yes |
Yes |
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