Assisted Living Insurance Costs

Assisted Living Insurance Costs

Worrying about living and care assistance needs as you age is normal – your working years are behind you and you (may) have a limited income depending on the pension plan and savings you have. While your retirement pension and savings may cover your cost of living for years, will it cover the cost of … Read more

Will Social Security Pay for Assisted Living

Will Social Security Pay for Assisted Living

Social Security is the term used for the Old-Age, Survivors, and Disability Insurance (OASDI) program, run by the federal agency, Social Security Administration (SSA).  Social Security is the foundation of economic security for millions of Americans—retirees, disabled persons, and families of retired, disabled or deceased workers. It is mostly about retirement benefits, it also provides … Read more

Are Seniors’ Apartments Cheaper than Normal Housing?

If you are knocking on the doors of retirement or if you are already there, you might be wondering, are apartments meant for seniors cheaper or less expensive as compared to normal housing? The short answer is that yes, senior apartments are cheaper than comparable normal housing. But a lot goes into choosing a seniors’ … Read more

How to Find Low Income Senior Housing

Find Low Income Senior Housing

Many older adults live on fixed incomes and rely on federal financial assistance programs for covering expenses. Unfortunately, SSI and Social Security aren’t always enough to pay for living expenses, including housing. This forces many senior citizens to seek low-income senior housing to somehow make ends meet. There are numerous options for low-income senior housing, … Read more

Life Expectancy in Assisted Living

Factors Affecting Life Expectancy

Canadians are living much longer lives than ever before, and they’re staying active and healthy for many years longer too. There will come a time, though, that many Canadians will need to seek assisted living because they are no longer able to care for themselves. Many Canadians, and their families, worry that once their family … Read more

How to Decide Where to Live in Retirement

Where to Live in Retirement

The question, “Where do I want to retire?”, is one of the most basic questions people ask themselves when planning to leave the workforce. Know that your retirement location can drastically change your overall financial plan. Now, before you settle on a retirement plan, you need to ask yourself some questions: Will you really be … Read more

How Does One Pay for Assisted Living?

Assisted Living

We understand that the cost of assisted living can be overwhelming at first. However, if you compare the average cost of an assisted living residence to the average cost of a nursing home or home care, assisted living is often one of the more affordable and convenient options. This holds good especially if you do … Read more