For Many, Assisted Living is a Better Value than In-home Care
According
to a recent survey conducted by Genworth Financial in 2017 and published by the
US News & World Report, “the median monthly cost for an assisted
living community is $3,750 (costs vary depending on the community) – totaling
$45,000 annually.” They add that long-term
care by a home health aide tops $4,099 monthly or nearly $50,000 annually.
The
fact that many assisted
living facilities are actually less expensive than seniors
choosing to live in their own home and bring in a team of caregivers to provide
the services they need surprises many people.
The reason for this is so many of the services a senior pays separately
for to stay at home are included in the cost of assisted living.
Assisted
living communities such as MorningStar
at Mountain Shadows eliminate the costs of such things as
property taxes, property insurance, condominium maintenance fees, and 24-hour
security. You no longer need to pay for lawn mowing, snow removal, and other
repair and replacement costs. Also as a
resident of Mountain Shadows, you will no longer need to buy groceries and
prepare meals as we take care of food prep and serve three daily meals restaurant-style. Moreover each suite is equipped with a
24-hour emergency call system, and light housekeeping and daily trash removal
are part of our services.
Other
features offered by many assisted living communities including MorningStar at
Mountain Shadows are free entertainment and ready-made socializing. With a wide selection of wellness programs,
activities, and special events and outings, residents at our community can stay
as busy as they like. In addition
onsite amenities such as a movie theatre, chapel, fitness room, library with a
computer, and more adds to the convenience as well as the value assisted living
communities can offer.
We
encourage you to visit our website for availability and pricing and/or to set
up a tour to see for yourself why we are considered to be one of the best
assisted living facilities Colorado Springs offers. MorningStar at Mountain Shadows has 45
private assisted living suites and 19 secure studios devoted to the specialized
care of those with Alzheimer’s disease or other forms of
dementia.
At
MorningStar at Mountain Shadows, we represent the very best in senior living
with a unique mission statement of “to honor, to serve, to invest.” We have built a foundation on honoring God,
valuing all seniors and selecting staff with a felt calling to serve to create
a true “home” for residents at the foot of the majestic Rockies. Please schedule a visit to experience
firsthand one of the finest Colorado Springs’ assisted living facilities.
Source:
health.usnews.com/wellness/aging-well/articles/2018-10-10/how-should-i-finance-assisted-living
aplaceformom.com/planning-and-advice/articles/assisted-living-in-home-care-compared
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