Senior Care, also known as Eldercare, is a broad category that includes assisted living, adult day care, long-term care, nursing homes, hospice care and home care. It is a growing area of concern for older adults, their families and communities as the largest generation born during the 20th century approaches retirement.
Choosing the Best Senior Care Options for You or Your Loved One
The decision about whether to stay at home or move into a long-term care facility is a big one that can be fraught with anxiety and uncertainty. Fortunately, there are resources and services that can help you decide what’s right for you or your loved one.
Choosing the right level of care
As your senior’s needs change over time, it’s important to find a setting that will be appropriate for them as they grow older. Whether it’s a 55+ community, a home or a nursing home, it’s vital to choose the best option for your loved one that will be both affordable and fit their changing needs.
Finding the best in-home care
Seniors with medical conditions or chronic conditions may require professional home health care from a nurse. These nurses provide in-home services that can include daily personal care, medication management, transportation and more.
Reverse Mortgage Loans
A reverse mortgage can convert some of your home equity into accessible cash to cover short-term expenses for in-home care or other medically necessary costs. However, this type of loan is not intended as a long-term solution and should be considered carefully.