10 Ideas to Cut Costs of Assisted Living

Answer "yes" to stretch your retirement dollars.

By Clare Absher RN, BSN  

  Need help finding care?

  Need help finding care?

1) Along the same line as hotel ratings, can you manage to be comfortable in a "3 star" moderate assisted living facility as opposed to needing a "5 star" luxury facility?

2) Are you able to forgo a room with special views, a location close to common areas, ground floor, or with a balcony and patio?

3) Are you willing to move to an assisted living facility that is in a lower traffic, possibly quiet suburban setting with less nearby conveniences such as shopping center complexes?

4) Are you willing to relocate to an overall lower cost of living area that may be some distance from your current home?

5) Are you willing to reduce your square footage living requirements substantially, which may accommodate only a few special pieces of furniture?

6) Are you willing to share an apartment or room with a roommate, or share a bathroom in a suite arrangement?

7) Will you consider moving to a new assisted living facility with no prior track record or established reputation but that may offer new residents special moving in rates?

8) Is your family willing and able to share with some of the maintenance chores such as housekeeping, laundry and transportation?

9) Is your family willing and able to purchase medications and supplies outside of the assisted living facility at lower prices?

10) If you or your spouse is independent and in good health, will you consider living in the independent senior apartment area and bringing in a caregiver for the more dependent one?

Clare Absher RN BSN

About the Author

Clare Absher is a Registered Nurse with 44 years of experience. Most of her experience is in home health serving as a caregiver, educator, patient advocate, and liaison between families and community resources. She has also worked in acute care, assisted living, and retirement settings. She is passionate about helping families care for their elderly loved ones at home.

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment.

Our operating costs are covered by advertising, online store sales, participating providers, and senior care partners. Learn more about how we make money.

© 1999-2024 CarePathways.com