1. Assisted Living
Seniors who can keep their independence, but need extra help with some basic house chores and lifestyle activities like doing the laundry and prepping meals, find this option to be the right fit for them. Assisted living is often described as having a community atmosphere as opposed to feeling like you’re in an institution. It can cost anywhere between $1,800 and $3,000 a month, and they are typically not covered by Medicare.
2. Independent Living
If you or your loved one is an active senior who wishes to live out their golden time without stressing over managing a home, then independent living communities might feel like one exciting vacation. Independent senior housing communities are private, but there are always group activities and even parties you can join! There is a sense of belonging, which is something many seniors who choose this option are looking to find. The monthly costs for independent communities can be anywhere between $1,300 and $2,500.
3. Continuing Care
If you or your loved one is the planning type and wants to have a game plan for the future, continuing care will likely be your main choice. These housing facilities are very flexible in adapting to the needs of the person, even if their health condition changes over time. Your loved one will receive specialized nursing care as well as basic assistance with daily living and activities. You won’t have to worry about moving him or her every couple of years, as the facility will provide care for their changing needs. Expect to pay anywhere between $400 and $2,500/mo, plus entrance fees.
Choosing the Right Senior Housing Option
Finding the perfect housing for you or a loved one isn’t a decision you should make in a hurry. Take your time. You can choose retirement living — also called ‘55 and up housing’ — if the person doesn’t require on-site medical care, but there are also specialized housing communities when health and safety are your top priority. Seniors with specific health conditions like Alzheimer’s disease can transfer to specialized care facilities.