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.
 

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