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Why Luxury Assisted Living Is Now More Affordable And Better In Your Area

Senior women doing a puzzle while sitting at a table and drinking tea in common room

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Contrary to wide-held beliefs, senior living facilities are no longer synonymous with the dreary, outdated nursing homes of yesteryear. In fact, these new facilities often boast state-of-the-art amenities to help residents feel at home from the get-go. And the best part? Many senior living facilities are now less expensive than they were before.

Why are senior living facilities still a popular option?

Contrary to wide-held beliefs, senior living facilities are no longer synonymous with the dreary, outdated nursing homes of yesteryear. In fact, these new facilities often boast state-of-the-art amenities to help residents feel at home from the get-go. And the best part? Many senior living facilities are now less expensive than they were before.

Benefits of Assisted Living

One of the greatest benefits to the assisted living environment is it allows seniors who have early dementia or physical challenges to live a fairly independent life. The facility has on-site medical care, but the care is not ever-present. Assisted living offers a level of care that is appropriate for seniors who do not need the full-time attention of a nursing home but need assistance with meals, transportation, medication, and daily activities like bathing and dressing.

Assisted living communities are full of vibrant and active seniors who can manage most of their routines without help. This type of facility offers a more home-like setting with personal freedom and privacy that many seniors appreciate. Seniors no longer need to worry about routine home maintenance like yard work that can become a challenge.

While assisted living offers greater control and privacy for residents, it also offers the opportunity to socialize. Many older adults feel lonely and isolated living at home. Assisted living facilities offer the chance to socialize daily with other adults as well as a variety of scheduled programs, including dancing, crafts, exercise, and outings.

Assisted living typically has a lower monthly cost than a nursing home as continuous medical care is not provided. There are also some forms of financial assistance available through long-term insurance and veteran’s programs.

What does it cost to reside in a senior living facility?

As with all things in life, the price of staying in a senior living facility can vary depending on several key factors, like location and amenities provided. However, on average, it costs around $3,500 a month to stay in a senior living facility. No matter what the cost winds up totaling, though, it’s likely that a senior living facility would still be less expensive than living at home, especially when taking daily assistance into consideration.

Why are senior living facilities becoming less expensive than they were before?

It’s no secret that the population is growing rapidly. And as it grows, it ages. Over the next couple of decades, the number of adults residing in senior living facilities is expected to more than double. And in anticipation of this dramatic surge, companies have begun to build more senior living facilities. As of right now, though, these empty rooms are just that: empty. And in this limbo, there are opportunities to get some unheard-of deals on rooms in senior living facilities. You just have to know the right places to look.

How can I find good deals on senior living facilities?

The amount of rooms outnumber the amount of people applying to live in them. Here’s a little psychology behind the deals. It’s like buying an airplane ticket the day of a flight on an underbooked plane, or calling hotels late in the evening for a same-night stay: It’s likely that the space in question was going to be empty anyway, so they have less to lose by offering it to you last-minute. In these last-minute situations, it helps to ask if there are any deals being offered. You never know until you try!

Why aren’t the deals being advertised? How can I find them?

Simply put, the senior living facilities would lose a lot of money if they advertised their widespread vacancies. But lucky for you and your loved ones, there’s an easy way to find the best deals on affordable housing in senior living facilities.

Sources:

Anderson, Jeff. (2018, January 2.) Why Seniors Prefer Senior Living Communities. https://www.aplaceformom.com/blog/why-seniors-prefer-senior-living-communities/

Scheib, Donna. (2017, March 8.) Pros and Cons of Assisted Living. http://seniorlivinglink.org/articles/senior-living-blog/post/pros-and-cons-of-assisted-living

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