What to know before you sign on, plus resources for finding the best fit
If you or a loved one can no longer live safely at home, assisted living may be the answer. Residents typically live in their own rooms or apartments and get housekeeping services, meals and help with personal care.
Nationwide, the cost of assisted living facilities averaged $4,500 a month in 2021, according to the latest figures from long-term care insurer Genworth. But costs range enormously depending on the area and the services provided, Goyer says.2.
Prospective residents or their families need to ask what’s included in each tier and what exactly bumps the resident up to the next level of care, Goyer adds. “They’re increasing rates at an astronomical rate and people find themselves stranded because they can’t afford it anymore,” she says.
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