Thinking of moving into a senior living community? What to know
As a senior housing and healthcare professional for 25+ years, I have advised over 15,000 families and professionals regarding the maze of senior housing options around the United States. Moving from your home to a more supportive senior living setting is something we all need to consider as we age. While every situation is unique and individual choices vary from state-to-state, there are a few trends that appear to be universal when searching for senior housing options for yourself or a loved one.
Four critical issues that will help determine senior housing options are:
Clinical needs (if any) at the time of moving: How much care does the person require? Assisted living and memory care communities offer varying levels of care and specialty services. It is important to clarify with any community the level of care provided in case a person’s needs increase.
Geographical preferences: It is often suggested living closest to the person who will visit most often is preferred. A loved one’s visitation, combined with consistent input and oversight regarding the care and services being provided, can be invaluable. In the middle of winter here in the Midwest, make it as easy as possible for those who are able to visit.
Financial considerations: Someone in the family needs to have a very good understanding of the financial situation. For assisted living, memory care, and nursing home type living, monthly costs can range from $4,000 - $15,000+ here in the Midwest. Depending on your income and total assets, you will be expected to pay using these private funds until you spend down to established state/federal limits. Again, every situation is unique and rules vary state-to-state so it is critical that someone have a very clear understanding of the financial status
Timing vs. Availability: Not surprisingly, the more urgent the need for healthcare and supportive services, the fewer options you are likely to have. Many senior living communities in your desired area may not have vacancies and the wait list to move in could me months or years. Planning ahead and educating yourself prior to the need for in-home care or out-of-home placement into senior living community can greatly enhance your options when or if the time comes.
Obviously, there are many other variables involved with the decision to move into a senior living community or hire in-home health care. There truly is a maze of options, qualifications and resources to navigate. Hopefully, the four considerations above will serve as a starting point for your journey.
