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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

4 min

How does assisted living get paid for? An overview of funding options

According to the National Center for Assisted Living, most individuals initially use personal finances, including savings, investments, and Social Security, to pay for assisted living. This article will delve into the various ways families navigate the financial complexities of paying for care, from private funds to government assistance, answering the crucial question: how does assisted living get paid for?

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5 min

How do people pay for assisted living facilities? Understanding Your Financial Options

With the median monthly cost of assisted living in the U.S. reaching over $5,000 in 2024, many seniors and their families are concerned about affordability. While sticker shock is common, it's important to understand the diverse funding sources available, including how do people pay for assisted living facilities using a combination of private, government, and creative financing options.

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