Assisted Living May be More Affordable than You Think
As seniors get to the point in their lives where they need daily help in order to live comfortably and safely, many families worry that assisted living will cost more than they can afford. The reality according to aPlaceforMom is that assisted living may actually be less expensive than the cost of cobbling together everything you need to support your parent. They state that after “dealing with the initial sticker shock and touring a community most families change their minds and realize assisted living is a great value.” You may be asking yourself how this can be true. To start with, if your parent is living alone in the family home, they have on-going expenses such as mortgage payments or yearly taxes and insurance as well as routine maintenance and repair costs. If your parent is renting, costs continue to rise each year with increases in rent and utility bills. In addition many elderly adults no longer feel comfortable driving and are not getting...