memory care

How can you cover the costs of assisted living or long-term care?

This is the 18th in a series of articles intended to demystify the experience of living in a retirement community.

Costs for basic assisted living for one person at sites studied for this series range from $28,000 to $56,000/year. A second person will add from $6,000 to $16,000/year. Additional services can add $2,000 to $20,000 per person per year. And long-term care and skilled nursing care can cost from $73,000 to well over $100,000 per person per year.

What options are available to cover the costs?

What are memory care facilities in retirement communities like?

This is the eighth in a series of articles intended to demystify the experience of living in a retirement community.

Memory care facilities are intended for people who have Alzheimer's or another form of dementia or cognitive impairment, and who are at risk because they tend to wander away from their living quarters without having the ability to find their way back or to ask for help.

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