Financial Planning
Understanding Costs & Funding Options
We believe in transparency. Learn about what's included and explore ways to make senior living affordable.
Value & Transparency
What's Included in Your Monthly Cost
Our all-inclusive monthly fee covers everything you need for comfortable, worry-free living.
Additional services and care levels are available based on individual needs.
Contact us for personalized pricingExplore Your Options
Ways to Fund Senior Living
There are many resources available to help make senior living affordable. Here are some common funding options to explore.
Long-Term Care Insurance
If you have a long-term care insurance policy, it may cover part or all of your senior living costs. Contact your insurance provider to understand your coverage.
- Review your policy's daily benefit amount
- Understand the elimination period
- Check if assisted living is covered
- Ask about inflation protection benefits
Veterans Benefits
Veterans and surviving spouses may qualify for Aid & Attendance benefits, which can provide monthly payments to help cover senior living costs.
- Check eligibility for Aid & Attendance
- Gather military service records
- Work with a VA-accredited claims agent
- Apply as early as possible
Life Insurance Conversion
Some life insurance policies can be converted to help pay for long-term care. This may provide funds without surrendering the entire policy.
- Ask about accelerated death benefits
- Explore life settlement options
- Consider policy loans
- Consult a financial advisor
Home Equity
Your home may be a valuable resource for funding senior living. Options include selling, renting, or using a reverse mortgage.
- Get a current home valuation
- Explore reverse mortgage options
- Consider renting your home
- Factor in maintenance savings
Medicaid
Medicaid may help cover costs for those who qualify financially. Eligibility requirements vary by state and care level needed.
- Understand income and asset limits
- Plan ahead—there's a look-back period
- Work with an elder law attorney
- Explore Medicaid waiver programs
Personal Savings & Investments
Retirement accounts, investments, and personal savings are common ways to fund senior living. A financial advisor can help create a sustainable plan.
- Review all retirement accounts
- Consider tax implications
- Create a monthly budget
- Plan for potential care increases
Not Sure Where to Start?
Take our funding quiz to discover which options might work best for your situation, or speak with our team for personalized guidance.
Ready to start experiencing an exciting, care-free senior lifestyle today? Here's what to do next!
To learn more about one of our communities, call us at 508-634-2440 or fill out the form below to speak with one of our advisors and schedule your own personalized tour today!