Retirement housing and assisted living housing costs are outrageous. You can spend your entire life savings, or worse, bankrupt your kids by going into a retirement home. A good friend and client of mine runs an assisted living facility. I would consider him to be one of the best values in retirement living. He has one of the nicest buildings, has great monthly rates, and works hard to make sure everyone is happy at his home. I wouldn't hesitate to recommend his retirement home to anyone. Guess what - his cheapest retirement plan is $1975 per month. That's for the smallest, most out of the way single-room unit he has. That's almost $24,000 per year for senior living.
I don't know about your kids, but even when I was working, I couldn't afford to put one, let alone both of my parents, into a retirement home. (I still haven't finished paying for my kid's college.)
Like most families, I would do anything to keep my parents out of a retirement home to avoid spending that kind of money. The good news is there are several ways you can save your kids money and, hopefully, I'll be able to help you find a few ideas on this website that will help you and your family.
There are several wonderful products on the market that can assist you with daily activities, but you really need to know what you're buying, who you're buying it from, and who has the best price or value.
Most people move into a senior home for one reason - the fear of falling. The bath room is a very dangerous place for seniors. The good news is there are some wonderful senior products out there that can help.
This website is where I'll be reviewing and testing several senior products for you to help keep you in your home and out of the nursing home. I hope you find it informative, well researched, and I might be able to find you a bargain or two.
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