Ways to Save Money with Assisted Living Rochester Hills MI

1. Ways to Save Money with Assisted Living Rochester Hills MI www.stonecrestofrochesterhills.com

2. How to Save Money with Assisted Living Rochester Hills One of the disagreements that families face when introducing the matter of senior living is that it can be highly expensive. Prior to making a decision you need to give a lot of thought to the cost structure of assisted living in Rochester Hills. It might be surprising to learn that it may not exceed your parent’s current living expenses and in some scenarios, it can even be lower.

3. COST COMPARISON There are also several expenses like property tax, lawn care, newspaper delivery, home repairs, homeowner’s insurance, utility costs, satellite/cable TV and security fees that you will no longer need to worry about. If your loved one is no longer in a position to keep up their home, one option you might be considering is a go to an apartment outside of the senior living sector. Depending on your location you can be looking at rent upwards of $1000 per month or without all the facilities that senior living communities usually offer. Many facilities offer 3 meals a day, social activities, enhanced security, free transportation and assistance with a daily living activities.

4. Transportation Cost When you include all the costs like repairs, maintenance, annual licensing fees, gas, auto insurance and monthly payments owning a car could be a big expense for your parents. If your parents can no longer drive then all the expenses of transpiration becomes your responsibility and that could become an even more costly affair.

5. Caregiver Cost In the past few years the value of family caregivers has increased to $500 billion. An AARP study indicated that more than 3 quarters of family caregivers incur huge amounts of out of pocket expenses. On an average, they are spending almost $7000 annually in a wide variety of categories like personal care items, medical expenses, travel expenses, respite services, legal costs and household expenses.

6. Cost Structure Usually the cost structure of Rochester Hills assisted living centers varies based on the required services. Generally, the community care facilities are around $4,800 per month. Residents who might not have the means to cover the cost of care could be eligible for financial aid options from state and federal agencies

7. Thank You for Giving Us Your Valuable Time 1775 S Rochester Road Rochester Hills, MI 48307 Phone: (248) 266-7680 Fax: (248) 266-7681