Blog - Finances
Choosing a Seniors’ Life Insurance Company
Do you have life insurance? It’s something no one really wants to think about. But as you get older, it becomes more important to make sure you leave as much as possible to those you leave behind at the end of your life. There are some common misconceptions about buying…
Assisted Living on a Budget: Getting the Care You Need with Limited Means
Expenses and Cost Structure Different assisted living facilities have different ways of billing and structuring their costs. In many cases, you may have a “menu-style”setup, where residents can pay individually for services they need, while omitting things they don’t need. Some facilities charge monthly, like rent. Others have a “buy-in”…
Medicare Coverage and Assisted Living
More seniors than not end up needing long-term care by the age of 65 and up whether that care comes from assisted living or nursing homes. Nursing homes are good for individuals that need active monitoring and have medical issues whereas assisted living is designed to provide custodial care while…
How Much Money Do I Need For Assisted Living?
Many seniors are eventually no longer able to live completely independently, due to physical or neurological health issues that make everyday tasks a little harder than they used to be. As you get older, it’s important to start making sure you’re prepared to make this transition when you need to….
When Can You Get Social Security?
If you’re like most people, you’ve been paying into Social Security for most of your working life. As you get older, you start thinking about how and when you can start collecting on it. When can you actually start getting payments? There are several different age thresholds at which you…
Are Reverse Mortgages Right For Me?
What Is A Reverse Mortgage? You may have heard the term before, but maybe it’s a topic you still understand very little of. If you’ve heard of reverse mortgages but don’t exactly know what it is, you’re not alone. Senior Care Center is here to help! A reverse mortgage is…
Paying for Assisted Living and Long Term Care
Our customers often come in with questions concerning the costs of assisted living and long-term care facilities.. As you are looking into different care facilities for your loved ones, we are here to help you explore a variety of payment plans and options. When calculating the costs for assisted living…