The Cost of Assisted Living: What You Need to Know
When researching the cost of assisted living facilities it is important to understand how pricing works.
When researching the cost of assisted living facilities it is important to understand how pricing works.
We’ve written several blog posts recently that have garnered attention, including one on the growing market for luxury retirement communities, and a post on the ever-increasing number of affinity retirement communities. But as we’ve noted, it is important that the senior living industry also continue designing solutions that work for the so-called “Forgotten Middle” — [...]
Last week, we talked about how vital it is for retirement communities — and indeed the senior living industry as a whole — to listen to the voice of the resident. People who have chosen to make a retirement community move should feel comfortable once they are there, including feeling respected and heard by management. [...]
Services. Amenities. Location. Floorplan. Availability of care. These are some of the community features that affect senior living cost. At myLifeSite, we’re often asked about comparing retirement communities and costs. Just last week, we received a question about whether a rental community is better than a community requiring an entry fee, sometimes referred to as [...]
Surveys show that one of the top reasons older adults delay or avoid a move to a senior living community, such as a continuing care retirement community (CCRC/”life plan community”) or other independent living community, is the concern over price and affordability. It’s understandable. Moving to a retirement community is a big enough decision on [...]