The Cost of Assisted Living May be Lower 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 are modifications to the house 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 Littleton’s website to check on pricing and availability
as well as to
set up a tour.
The unique mission statement of MorningStar of
Littleton, “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 assisted living community.
Source:aplaceformom.com/planning-and-advice/articles/assisted-living-in-home-care-compared
Comments
Post a Comment