Cost of Senior Living: How to Pay for Assisted Living & Nursing Care
Many times, children of aging parents are suddenly faced with the reality of placing their mom or dad into a long-term care environment, without knowing how to pay for assisted living, skilled nursing, or other senior living options. Too many families do not plan in advance and are often shocked at how expensive assisted living can be. While some make the mistaken assumption that assisted living will be covered by health insurance, they are devastated with the realization that the cost will be coming out of their own pockets. Without thoughtful advanced planning, the [...]