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 out like they used to,
which can lead to feelings of isolation.
Studies show seniors who live alone often “experience social isolation
and poor nutrition which contributes to cognitive decline, health problems,
depression and a lower quality of life.”
Furthermore, if they are unable to drive, they will require assistance
with getting to and from doctor appointments, running errands and buying
groceries.
Another expense you may encounter when
your parent is living in their own house is it may require modifications to allow
them to move safely about the home. These
types of changes can be expensive, and when it comes time to sell, may impact
the worth of the home.
The bottom line is that after you add
up all of the services
and amenities included in the cost of assisted living,
aPlaceforMom concludes it may actually be less than half the cost of getting
care for your elderly parent at home. Please
visit
MorningStar of Wheat Ridge’s website to check on pricing and
availability as well as to set up a tour.
The unique mission
statement of MorningStar of Wheat Ridge, “to honor, to serve, to invest,” sets
us apart from other senior living communities. Our foundation is built
upon honoring God, valuing all seniors, and investing in staff with a felt
calling to serve. Dedicated to creating a real home for residents within a
beautiful setting, we encourage you to see for yourself our exceptional
community.
Source:
aplaceformom.com/planning-and-advice/articles/assisted-living-in-home-care-compared
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