Each year, Genworth conducts a survey where they analyze data to present the current trends around the cost of assisted living (and other types of senior care). At Senior Living Specialists, we know that finding the best care for a loved one is the most important thing but also being realistic around a budget is important too. [Read more…]
Assisted Living Statistics in 2022 and How They Relate to Caregivers
As a caregiver to an aging loved one, it is important to note what is happening on the national level when it comes to senior care. We breakdown some of the current statistics shared in 2022 and provide insight on why you should take notice of the trend. [Read more…]
New Veteran’s Program
Many people are aware of the Aide and Attendance program through the Veteran’s Administration but few, including myself until recently, have heard of a new in-home care program. [Read more…]
7 Common Questions About Financing Senior Living
If you’re starting to explore assisted living options, you probably have plenty of questions about financing. After all, the average monthly cost of assisted living nationwide is $3,800, with specialized Alzheimer’s care costing an average of $1,200 more. Here are 7 common questions about financing senior living. [Read more…]
How to Discuss Money with a Senior Loved One
Dear Paul,
My parents have never been ones to discuss money with my siblings and me. Until recent years, we’ve been fine with that philosophy. But both of them have experienced some pretty serious health issues in the last few years and we know they will likely need to move to an assisted living community in the Dallas area soon. [Read more…]