Your Elderly Parents Have Enough to Live on?
housing and personal care services can be very expensive.
How will your elderly parents make their money last?
senior living expenses, seniors may sell the family home and
use the money for a senior living residence, retirement community,
and eventually, personal care. Many seniors are able to live
off their investments. Or they've protected their assets with
long term care insurance. A few tap into their home's value
through a home equity loan or a reverse mortgage. Unfortunately,
a large number of elderly must rely on Medicaid, a government
program for the indigent.
if your elderly parents can't afford expensive senior living,
or they'd prefer to live more modestly? Fortunately there
are a variety of affordable options to preserve financial
learn more, Contact
Elder Life Advisors, LLC