Costs & Affordability
How much does senior living cost?
What Does the Cost of Care Usually Include?
What Does the Cost of Care Usually Include?
How Can I Afford Senior Care?
How Can I Afford Senior Care?
How Much Do the Care Levels Cost?
Senior living costs depend on apartment type, location and your unique care needs. Independent living may start around $2,300 per month. Assisted living may start around $3,500, memory care around $4,200 and skilled nursing usually costs more than $8,000 per month. CCRCs may include additional fees depending on services. *Prices may vary for all care levels.
How Much Do the Care Levels Cost?
Senior living costs depend on apartment type, location and your unique care needs. Independent living may start around $2,300 per month. Assisted living may start around $3,500, memory care around $4,200 and skilled nursing usually costs more than $8,000 per month. CCRCs may include additional fees depending on services. *Prices may vary for all care levels.
What Are the Ways to Pay for Senior Living?
What Are the Ways to Pay for Senior Living?
How Can I Make Senior Living More Affordable?
You may be able to reduce costs by sharing an apartment, choosing a more affordable location or customizing services so you only pay for what you need. Long-term care insurance, veterans benefits and tax deductions may also help cover expenses.
How Can I Make Senior Living More Affordable?
You may be able to reduce costs by sharing an apartment, choosing a more affordable location or customizing services so you only pay for what you need. Long-term care insurance, veterans benefits and tax deductions may also help cover expenses.
Does Medicare Cover Assisted Living?
Medicare may cover certain short-term services, like skilled nursing or rehabilitation, after a qualifying hospital stay. Long-term housing and lifestyle support in a senior living community are typically paid for separately.
Does Medicare Cover Assisted Living?
Medicare may cover certain short-term services, like skilled nursing or rehabilitation, after a qualifying hospital stay. Long-term housing and lifestyle support in a senior living community are typically paid for separately.
Can I Use My Life Insurance to Pay for Assisted Living?
Yes. You may be able to turn your life insurance into a benefit account that sends tax-free payments directly toward care, even without a terminal illness. This option may support costs for assisted living, memory care or private home help.
Can I Use My Life Insurance to Pay for Assisted Living?
Yes. You may be able to turn your life insurance into a benefit account that sends tax-free payments directly toward care, even without a terminal illness. This option may support costs for assisted living, memory care or private home help.
Can I Use My Home to Help Cover the Costs of Senior Living?
Can I Use My Home to Help Cover the Costs of Senior Living?
What Kinds of Services May Qualify for a Tax Deduction?
Services that support daily living—such as bathing, dressing and medication reminders—may be deductible when part of a care plan created by a licensed professional.
What Kinds of Services May Qualify for a Tax Deduction?
Services that support daily living—such as bathing, dressing and medication reminders—may be deductible when part of a care plan created by a licensed professional.
Should I Set Up a Joint Bank Account With My Parent?
Should I Set Up a Joint Bank Account With My Parent?
What Are Some Alternatives to a Joint Account?
Consider a power of attorney, a prepaid debit card, read-only access or trusted contact alerts. Each option allows you to stay involved while keeping accounts separate.
What Are Some Alternatives to a Joint Account?
Consider a power of attorney, a prepaid debit card, read-only access or trusted contact alerts. Each option allows you to stay involved while keeping accounts separate.
Does Brookdale Have a Down Payment or Buy-In Fee?
Does Brookdale Have a Down Payment or Buy-In Fee?
Does Every Brookdale Community Charge an Entrance Fee?
Does Every Brookdale Community Charge an Entrance Fee?
How Much is the Entrance Fee at Brookdale?
How Much is the Entrance Fee at Brookdale?
How Do Families Usually Cover an Entrance Fee?
How Do Families Usually Cover an Entrance Fee?
How Can I Budget for Toiletries?
The cost depends on the products, brands and purchase frequency you prefer. Our Brookdale team can help you understand what’s covered and how to plan for personal items.
How Can I Budget for Toiletries?
The cost depends on the products, brands and purchase frequency you prefer. Our Brookdale team can help you understand what’s covered and how to plan for personal items.
What Are My Options for Getting Toiletries in a Brookdale Community?
Brookdale offers a Personal Solutions program that delivers trusted toiletries right to your door. You can choose your items, set a schedule and update as needed.
What Are My Options for Getting Toiletries in a Brookdale Community?
Brookdale offers a Personal Solutions program that delivers trusted toiletries right to your door. You can choose your items, set a schedule and update as needed.
Are Toiletries Included in Senior Living Costs?
Most of the time this is an individual expense apart from your basic service rate. These items—like toothpaste, body wash and incontinence products—are typically handled separately.
Are Toiletries Included in Senior Living Costs?
Most of the time this is an individual expense apart from your basic service rate. These items—like toothpaste, body wash and incontinence products—are typically handled separately.
What Can My VA Benefits Cover If I Move Into Senior Living?
What Can My VA Benefits Cover If I Move Into Senior Living?
What is the VA Aid and Attendance Benefit?
This benefit can help pay for long-term care, including assisted living. It may cover help with meals, bathing, medication and daily support in a licensed care setting.
What is the VA Aid and Attendance Benefit?
This benefit can help pay for long-term care, including assisted living. It may cover help with meals, bathing, medication and daily support in a licensed care setting.
Who Qualifies for VA Benefits for Assisted Living?
Veterans who served at least 90 days of active duty, including one during wartime, and need help with daily activities may qualify. Spouses or surviving spouses may also be eligible.
Who Qualifies for VA Benefits for Assisted Living?
Veterans who served at least 90 days of active duty, including one during wartime, and need help with daily activities may qualify. Spouses or surviving spouses may also be eligible.
How Much Can Veterans Receive in Benefits?
Eligible individuals may receive up to $2,358 per month, and married veterans could qualify for up to $2,795. The benefit amount depends on your service and care needs.
How Much Can Veterans Receive in Benefits?
Eligible individuals may receive up to $2,358 per month, and married veterans could qualify for up to $2,795. The benefit amount depends on your service and care needs.