Articles on "Paying for Senior Housing"

November 1, 2011 12:20 am

LONG-TERM CARE COSTS IN THE U.S. RISE AGAIN

Nursing Home, Assisted Living and Adult Day Services All Increased 4.4% or More Costs continue to rise for those requiring long-term care in the U.S. According to the newly released 2011 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs, conducted by the MetLife Mature Market Institute, national average rates for a private nursing home room increased 4.4% to $239 daily or $87,235 annually, in 2011. Assisted living base rates rose by 5.6% to […]

October 24, 2011 4:47 pm

Solution to Save Money on a Retirement Community: Get a Roommate

Two longtime neighbors decided to research communities, but never imagined they would share the same apartment! When Sean Foohey moved into his townhouse in 1969, one of the first people he met was his next-door neighbor.  The two immediately developed a friendship and support network that included sharing dinner and conversation nearly every evening.  Now over 40 years later, they have made the move to The Woodlands Retirement Community in Fairfax, Va. where instead of living next door, they are […]