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Financial Planning

Tips for Talking to Parents About Paying for Senior Living

As if talking to your parents about whether it’s time to move to senior living wasn’t difficult enough, learning whether or not they are financially prepared for it can be even more complicated. Money tends to be a delicate topic of discussion for most families and any conversation around senior living is likely to be emotional, whether your parents are agreeable to the idea or not. That makes it even more important to take the right approach in...

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How to Compare the Costs at Home vs. Senior Living (and Why You Should)

Most people think there’s no reason to compare the cost of staying home versus senior living. Because they assume senior living always costs more. But that’s actually not the case. There are times when senior living can be cheaper than the cost of aging at home. It depends on your individual circumstances or those of your loved one, so it’s always best to consider the costs fully. Here’s how.

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What to Do When You Need Help Paying for Senior Living

Finding the best care is invaluable, yet cost can be one of the biggest concerns for families when considering senior living. However just because your budget may be limited, doesn’t mean senior living is out of reach! You may not realize that there are a number of options to help you in paying for senior living. Here are some of the most common, along with some quick ways to save.

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