“Senior living can cost less than aging in place at home: analysis,” by Lois A. Bowers, McKnight’s Senior Living

“Residing in a senior living community can be less expensive than aging in place in a traditional home when all costs are considered, according to a new analysis. . . . For an older adult living in a $500,000 condominium . . . aging in place there can cost almost twice as much as residing in independent living and 36% more than living in an assisted living community.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
It should come as no surprise that aging in place in one’s own home without the economy of scale of other seniors housing options can be more expensive.

Senior living can cost less than aging in place at home: analysis

#goldencareagent