Wednesday, 23 January 2019
BREAKING NEWS

How to Manage Paying for Retirement Housing

How to Manage Paying for Retirement Housing
Photo: Alex Nabaum

Many older adults worry about the cost of senior housing—and with good reason.

Seniors who want to want to move out of their existing homes to communities with more services have several options—but they can be pricey. The average monthly rent for independent living—for relatively healthy seniors who want some support such as meals, light housekeeping and transportation—was $3,304 in the third quarter of this year, according to the nonprofit National Investment Center for Seniors Housing & Care.

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