053: Replay: Senior Housing 101
After 13 years of working with hundreds of Texans who looked to transition, Lori has become an expert in Active Living, Independent living, Memory Care, Assisted Living, Residential Care Homes or Nursing Homes (or Rehab).
In this episode of Aging in Style, Lori explains the ins and outs of senior housing, how to pay for each one, and gives real life examples of seniors who have made the transition to each type of senior housing. Take note as Lori explains every option in detail, including the lifestyle options and requirements of each one!
Takeaways from this episode:
-Nursing homes aren't the only option for seniors looking to move into a care facility.
-Lifestyle, care needs and budget are the most important things when considering senior living options.
-Most seniors delay moving out of their home because they (incorrectly) believe they'll have to part ways with their furry friends once they move into a senior facility.
-Residential care homes, nursing homes and memory care do NOT take pets- just check with the facility first.
-Private pay includes social security, income, any pension savings, IRAs, proceeds from the sale of a home, VA Aid & Attendance.-Independent Living is a very popular choice and it's also called All inclusive, All Inclusive Retirement Community or The Cruise Ship On Land.
-The Level of care is determined by the community's nurse responsible for assessing the resident's needs.
-Many residents find a new purpose and a new lifestyle after moving to many of these facilities.
-Googling communities in your area isn't enough to provide a clear view of the options out there: Using a service, such as Lori Williams - Senior Services, to help you narrow down your options based on lifestyle, care needs (if any), geographic location and budget will take the stress and uncertainty out of the transition to senior living.
Topics discussed in this episode:-Types of senior housing available-Active Living/55+/Senior Apartments-Independent Living/Retirement Community-Assisted Living-Memory Care-Assisted Living/Memory Care Combination-Residential Care Homes/Group Homes/Care Homes-Nursing Home/Skilled Nursing Facility/Rehab-Private Pay - what does that mean?-Medicare vs Medicaid in a Skilled Nursing Facility-Pets at senior facilities
For more resources please visit:
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