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[quote=Anonymous]We are in the research stage with our mom and here are some things we are considering:

1) Some places will do an assessment of the elder & decide if they can lock in a rate for later more intensive care (ie they allow you to live in independent living for a certain monthly fee akin to rent, on top of the downpayment of $1Mish of which you get 10-20% taken off the top but the rest is returned when your parent's unit is eventually resold when they either move on to assisted living or to memory care or die). So, the rent you pay for IL is the same as the AL or MC monthly fee, but your parent has to be in pretty good shape to qualify for this and not all places have this model.

2) Lots of different places have different meal plan options just like different colleges and you can run the math on the various options

3) The reason to go into IL (primary one for us) is that those people get priority access to spots (which are vastly more limited at most places) in assisted living and/or memory care. If you wait until your parent has dementia, most MC places won't take them. Then you are looking at exorbitant costs for 24-7 in home care

4) FYI lots of the good places have multi year wait lists so it is good your parents are getting their thoughts together well before they might absolutely need to move into this type of place[/quote]

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