Reply to Entering assisted living- how to pay

Forum Index » Eldercare

Reply to "Entering assisted living- how to pay"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Plenty of places without entrance fees.  Those places are a rip off.[/quote]

If you have the money, they are not a rip off.  If you enter a CCRC while healthy in IL, yes you pay more.  But with the entrance fee and the extra, you are guaranteed "any advanced care" with no additional costs (except for the extra 2 meals per day typically).  And in most of them, if one parent goes to "advanced care" (memory, assisted living, nursing, etc) the other gets to keep the same Ind Living apartment for no increase cost.  For my parents, it would only take ~1 -1.5 years for each of them to be in "advanced care" to pay for itself.

In the meantime, my parents are enjoying life to the fullest, never have to worry about cooking or cleaning or fixing anything.  And the key part---should you need "advanced care" there are always spots kept open for the CCRC residents, so it's not a search and pray process for finding the care when they need it.  Also, I live 3K miles from them, so it's nice to know I can manage an emergency from a distance and they will be well taken care of.  Also, the IL spouse can visit the other one daily as it's right there---they will never be in separate facilities where someone has to drive one to the other.

But in reality, if you have the money, this is what you have saved for.  Why not spend it for a nice last 5-20+ years? 
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics