Common Questions For Financing Senior Living
November 16, 2020
The time has come for you to move into an assisted living or skilled nursing facility. With this transition comes the question of how to pay for your care. We’ve got the answers to some common questions about financing senior care.
Will Private Pay Cover The Cost Of Senior Living?
Private pay is the most common way to cover senior living expenses. Private pay can include:- Income like Social Security payments or pension
- Savings or checking accounts
- Stocks and bonds
- Investments
- Assets like your house, boat, or car