Thinking of moving to a Senior independent living facility.

officerripley said:
Me too; the independent living communities around here start at about $3,500/month. I don't know if there are any low-income ones or not but there are a few that will pro-rate your rent based on your income (which can't be over a certain amount) and the waiting lists are usually about 5 yrs long.
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Sadly, even old folks are a business to some....
 

I'm 72 yo and relatively healthy. I know I'm not a spring chicken and trying to think ahead because I'm not getting any younger. Since I have no immediate family, I'm considering the possibility of assisted living when the time comes and if (that's a big "if") I can afford it. In the meantime, if money gets tight, it would be nice to have a roommate to share expenses. I'm surprised communal living hasn't become vogue again with the way prices have skyrocketed.
 
TeePee said:
I'm 72 yo and relatively healthy. I know I'm not a spring chicken and trying to think ahead because I'm not getting any younger. Since I have no immediate family, I'm considering the possibility of assisted living when the time comes and if (that's a big "if") I can afford it. In the meantime, if money gets tight, it would be nice to have a roommate to share expenses. I'm surprised communal living hasn't become vogue again with the way prices have skyrocketed.
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Assisted living where I live is between 8–10 K/month. I’m not surprised that most people do not want to do communal living because after spending most of my life living with either a husband or children I’m really enjoying living alone. There is no way I want to share space with anyone else besides my two doggies
 

Teacher Terry said:
Assisted living where I live is between 8–10 K/month. I’m not surprised that most people do not want to do communal living because after spending most of my life living with either a husband or children I’m really enjoying living alone. There is no way I want to share space with anyone else besides my two doggies
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I think it's about the same here, maybe a tiny bit cheaper.
 
Three years ago when my friend died the year before he was paying 5K/month for assisted living but when his care needs increased, he was paying 8K/a month. It was shocking since it wasn’t nursing home care. Luckily he had been a really good saver his entire life and could pay for it. He made many sacrifices to save that money.
 
Teacher Terry said:
Assisted living where I live is between 8–10 K/month. I’m not surprised that most people do not want to do communal living because after spending most of my life living with either a husband or children I’m really enjoying living alone. There is no way I want to share space with anyone else besides my two doggies
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I was thinking more along the lines of people who couldn't afford assisted living, at least it would be an alternative. Financially I am comfortable ( not rich) but I know I couldn't afford $8-10k/mo. I think in my area it's more like $3500-5000 k/mo for a decent ( not upscale) assisted living. I wouldn't last long financially in an average assisted living. I'll live in my home as long as I can but I'm just thinking ahead should I live long enough to have to make that tough decision.
 
I definitely can’t afford 8K a month either. However, most people I know were able to stay in their home until they died or shortly before. If it was a choice between being homeless and sharing space with somebody than the answer would be obvious.
 
Teacher Terry said:
Three years ago when my friend died the year before he was paying 5K/month for assisted living but when his care needs increased, he was paying 8K/a month. It was shocking since it wasn’t nursing home care. Luckily he had been a really good saver his entire life and could pay for it. He made many sacrifices to save that money.
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Prices are shocking and unattainable for many seniors and we all need to do what we can to cut corners. That's if it's necessary and important to you.
 
Ruthanne said:
Prices are shocking and unattainable for many seniors and we all need to do what we can to cut corners. That's if it's necessary and important to you.
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I’m hoping of course to be able to remain in my own condo like my mom and my aunt did. My friend had Parkinson’s and it became very debilitating which is why he needed assisted living.
 
Teacher Terry said:
I’m hoping of course to be able to remain in my own condo like my mom and my aunt did. My friend had Parkinson’s and it became very debilitating which is why he needed assisted living.
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I want to stay in mine as long as I can. My house is paid off and I don't want any more mortgage or rent payments the rest of my life if I can help it. Having said that, should I get a debilitating disease, I'll have to sell the house to be able to afford assisted living or nursing home (God forbid!) living.
 
Teacher Terry said:
Assisted living where I live is between 8–10 K/month. I’m not surprised that most people do not want to do communal living because after spending most of my life living with either a husband or children I’m really enjoying living alone. There is no way I want to share space with anyone else besides my two doggies
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Why not hire a live-in assistant if you own your home. The monthly salary for a live-in assistant is around $6k a month.
 
Teacher Terry said:
I’m hoping of course to be able to remain in my own condo like my mom and my aunt did. My friend had Parkinson’s and it became very debilitating which is why he needed assisted living.
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I used to know someone who had Parkinson’s. His old home has stairs in the front and it's a multi level house. He finally had to sell the house and buy a condo with elevators. And hire a live in assistant. He live with Parkinson’s disease and sufferred for more than 20 years. But thank goodness he had the fund to stay away from nursing homes.
 
In Central New York we have a good mix of assisted living facilities that run the gamut from luxury cruise ship style facilities to more basic facilities that accept both private pay and Medicaid.

My hope is to be able to maintain my independence and autonomy until it’s no longer safe for me and the people around me.

If I’m lucky, I will be within the averages and die within three years of entering a managed care facility.

If not, I’ll have to rely on Medicaid and the kindness of strangers for my end of life care.
 
Aunt Bea said:
If not, I’ll have to rely on Medicaid and the kindness of strangers for my end of life care.
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Strangers will take care of strangers for a fee: doctors, nurses are all strangers. And for "end of life care", no worries, there are people who are happy to end your life for a fee too. That's called "assisted dying". Money is king...I mean key.
 

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