Assisted Living Cost: What You Need to Know About the Cost of Senior Living
Assisted living costs are increasing across the country as more baby boomers are needing assistance and inflation increases. According to a recent study, a retiring couple today will need $285,000 in savings just to cover medical expenses. This doesn’t include the cost of living. Classic retirement plans, a 401K, or social security may be an option for some, but according to AARP, more than 6.4 million seniors live below the poverty line. The placement specialists at Senior Home Transitions work with seniors of all income levels to find the care they need at a [...]