How To Pay for Assisted Living (Source: The Arbor Company, by Chris Harper)

Follow the link to this excellent overview from The Arbor Company, by Chris Harper

Link: How to Pay For Assisted Living https://www.arborcompany.com/blog/how-to-pay-for-assisted-living

Understanding Assisted Living Costs

Average Costs of Assisted Living

Skilled Nursing Facilities

What Influences Assisted Living Costs?

Potential Financial Assistance Options

Personal Savings and Assets

·        Retirement Savings

  • Savings Accounts

  • Selling Property:

Long-Term Care Insurance

  • Check Policy Details: 

  • Purchase Early:

Veteran’s Benefits

  • Aid and Attendance Benefit

  • Eligibility

Medicaid

  • State-Specific Programs

  • Asset and Income Limits

Medicare

Social Security Benefits

Bridge Loans

  • Quick Access

  • Repayment

Life Insurance

  • Accelerated Death Benefits

  • Life Settlements

Reverse Mortgages

  • Eligibility

  • Considerations

Comparing Costs and Making Decisions

Assisted Living Cost Calculator

Follow the link to this excellent overview from The Arbor Company, by Chris Harper

Link: How to Pay For Assisted Living https://www.arborcompany.com/blog/how-to-pay-for-assisted-living