Reply to The insane cost of elder care

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[quote=Anonymous][quote=Anonymous]People who have questions really should talk directly to various retirement and continuing care communities. There are always different pricing levels and programs involved. It can be complex, which is why straight from the mouth is better than relying on an internet forum. For example, some communities offer a lower entry fee that becomes a declining balance, while they also offer a much higher entry fee but in that case the estate gets most of it back when the unit is sold following a death. And the monthly fees also vary in both cases. [/quote]

I'm the poster whose mom is at Collington in Bowie (not the one who described her parents' situation in detail).  It is, in fact, a Quaker-founded NONPROFIT community.  And 90% of her entry fee will be RETURNED to her estate upon her death or if she moves.

I saw her today and confirmed that, for her 1-bdrm apartment, her entry fee was 250k and her monthly rent is 4800.  That includes weekly housekeeping, 1 daily meal, a completely renovated apartment that we got to design prior to move-in, on-site gym, physical therapy, indoor pool, on-site clinic and primary care doc, and activities galore.  As the other poster said, my mom's social life is incredible now (I'm envious!). [/quote]

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