Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.
According to industry data, the median annual cost for senior living continues to rise, making financial planning essential for many families. Understanding how much it costs to stay at a retirement home involves knowing the different care options and key financial considerations.
According to research published by Altarum, up to 61% of care home residents may experience moderate loneliness, highlighting that a communal environment does not guarantee social connection. Exploring what are the disadvantages of a care home is crucial for making an informed decision about long-term care.
According to a 2025 cost report, the national median monthly cost for assisted living is approximately $5,190. Understanding **how much you pay a month for assisted living** is complex, as the final price is impacted by location, services, and the community itself.
An estimated 70% of people turning 65 will need some form of long-term care in their lifetime, but **what is the average length of stay in long-term care**? The answer isn't a single number, as it depends on many factors, including the type of care received.
Statistics consistently show that nursing homes have a significantly higher median monthly cost than assisted living facilities due to the more intensive, round-the-clock medical care provided. Choosing between assisted living or a nursing home is a financial decision with major implications for long-term care planning.
