8 Tips To Consider Before Moving Into A Senior Living Home

Outlook Money

Try It As Experiment

Move to such homes on an experimental basis to see if you are comfortable with the environment.

Experiment

Finance

Make proper financial planning before digging into your retirement savings.

Financial Planning

Inflation

Check how much the expenses will shoot up at senior homes in the long run.

Inflation

Coverage

Assess all the costs in the home package, like long-term care, nursing, etc.

Coverage

Insurance

Ensure you have adequate health insurance coverage.

Health Insurance

Support System

Ensure you have an adequate support system from friends, relatives, children, etc.

Family Support System

Guidance

Consult with a financial advisor or eldercare attorney before making a decision.

Financial Advise

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