#18.4 Retirement and Independent Living Communities: Housing Options for Seniors (4 of 6)

Exploring Senior Living Options: From Independent Living to Memory Care

Most families think they’ve figured out the cost of assisted living…until the monthly number starts changing. Assisted living pricing isn’t just rent. In most communities, care is added separately. Medication help is separate too. And as your parent needs more support, the monthly cost increases. On top of that, most communities raise rates every year, often 5 - 10% annually. And it’s not just the apartment rate. Care levels and medication charges often increase over time as well. The average st