Advice & Resources for Caregivers and Seniors | SeniorLiving.org
Find the best senior phone plan for your lifestyle and budget. Learn about what nursing homes have to offer and their average costs. Get expert advice on all things senior living - from senior housing and safety, to money, health and care. We make …
Senior Apartments for Rent | Apartments for 55 Years and Older
Oct 15, 2024 · To qualify, you must provide proof of age, such as a birth certificate, driver’s license, or passport. Under HUD’s Housing for Older Persons guidelines, at least one occupant must be 55 or older. If your spouse or partner is under 55, confirm with the senior apartment if there is an age minimum (for example, age 40).
Independent Living Costs in 2024 - SeniorLiving.org
Oct 1, 2024 · The median monthly cost for independent living facilities in the United States is $3,065. By 2040, this could rise to over $4,100 a month. Maine has the highest median costs for independent living at around $6,162 a month. Mississippi has the nation’s lowest median costs, at around $1,282 a month. This is 58% lower than the national average.
Senior Housing Options and Retirement Guide - SeniorLiving.org
Sep 4, 2024 · First, on your 50th birthday, a small percentage of resort-style retirement communities start competing for your housing dollars. Then, when you reach ages 55, 62, and 65, you become eligible for retirement communities with more traditional age restrictions, plus senior long-term care facilities. In this guide, we’ll look at your senior ...
Types of Senior Living and Levels of Senior Care
Sep 15, 2024 · NCOA estimates memory care costs in a nursing home to be around $7,908 monthly for a semiprivate room and $9,034 monthly for a private room.12 Remember, prices will vary by your location and chosen facility. Memory care is a specialized type of care for people with dementia and illnesses that cause memory impairment.
A Guide to Retirement Planning for Seniors | SeniorLiving.org
Oct 3, 2024 · Our health care needs evolve as we grow older. Unexpected expenses such as copays, deductibles, and insurance costs can eat away at our hard-earned savings. According to Fidelity’s State of Retirement Planning Study, the average cost of out-of-pocket health care expenses for a couple retiring at age 65 is $295,000.
A Comprehensive 2024 Guide to Nursing Homes - SeniorLiving.org
Jul 30, 2024 · A nursing home is a facility that provides care and assistance to older people and senior citizens. Learn more about nursing homes and if it might be right for you or a loved one. Jeff Hoyt Editor in Chief. Updated Jul 30, 2024. Read About Our Panel of Experts. SeniorLiving.org is supported by commissions from providers listed on our site.
Best Places to Retire for Seniors in 2024 - SeniorLiving.org
Oct 14, 2024 · It’s the Sunshine State. Florida, Colorado, and Virginia rank as the top three states for retiring seniors, according to WalletHub.1 In a recent study, they compared all states based on 46 indicators in three key categories: Affordability, …
Nursing Home Costs in 2024 by State and Type of Care
Oct 3, 2024 · Semiprivate rooms are more affordable, with a median cost of $294 per day or $8,929 month1. That adds up to an annual cost of $107,146 for a semiprivate room or $120,304 for a private room. Nursing home costs will also vary wildly by location. In 2024, monthly median costs for a semiprivate room range from $5,483 in Texas to $19,267 in Alaska.
A 2024 List of Websites Dedicated to Seniors - SeniorLiving.org
Aug 23, 2024 · The Money Alert: themoneyalert.com. Tailored specifically for seniors, the site provides articles, advice, and tools to help you make good financial decisions. Topics it covers include finance, real estate, retirement planning, and investment strategies. The site’s Calculator page is worth a visit in and of itself.