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Navigating Senior Finances: How can seniors pay for assisted living?

With the median national cost of assisted living exceeding $5,000 per month, it's no wonder many families are concerned about financing. The truth is, paying for assisted living is a significant financial challenge, but it is manageable with proper planning and understanding of the options available. So, **how can seniors pay for assisted living** effectively? This comprehensive guide explores the various public and private funding avenues to help secure quality care.