Financial Planning For Senior Living

Whether you’re looking for yourself or your loved one, the ‘money talk’ can often be a more difficult discussion than the ‘moving talk.’ ‘How much is all of this going to cost?’ is a fair and valid question, often followed by ‘How do we pay for it?’ The answers could surprise you.

If you’re in relatively good health and looking for a lifestyle that offers more comfort, safety, convenience, and opportunities to socialize, the cost of senior living will be lower. If you require daily help with personal care or have significant medical conditions, the cost of senior living becomes pricier. 

Because senior living communities, like those at Holiday, include many living expenses bundled into the monthly lease, it’s important to compare ‘apples to apples’ when comparing retirement communities to living on your own. There may also be financial options to assist you and your loved ones that you may not be aware of.

Please explore this section to learn more about financial planning and financing options for your new senior home. If you have any additional questions, reach out and we’ll be happy to assist.