As we age, we all want to do our best to ensure that we have enough money to live life to the fullest. The reality is, however, many people are unsure of the actual costs of senior living. Whether you age in place or move to a senior community, our expert panelists will help you understand the costs of senior living and how we can cover those expenses. We are sharing this information to help you plan for your future.
We often talk about the importance of financial planning and how much money will we have to live on. Today we’re going to take a different perspective and explore the costs associated with senior living whether it be aging in place or in a senior community and beyond that gain an understanding, and perhaps an appreciation, of why the costs are what they are.
On Thursday, May 20, Georgetown seniors joined our webinar on Zoom to get answers to “Understanding the Costs of Senior Living” as part of our program of Seniors Living Smarter Webinars.
Important Questions We Wanted to Answer:
• What are the costs of independent and assisted living?
• What are the costs of home care and home healthcare?
• What resources do you have available to help cover the cost senior living?
To help us understand the expenses of senior living, we assembled a panel of experts. to provide information so that we know what the costs are what they are. Panelists included:
- Ryan Searight, Owner/Director of Operations, Visiting Angels Williamson County
- Christi Buerger, Account Executive/Social Worker, Texas Home Health Personal Care
- Cristy Bryant Schuler, Community Relations, Wesleyan Homes
- Steve Decovic, Managing General Agent, Silver Key Benefits
Ryan Searight and Christy Buerger spoke specifically to the costs of home health care for seniors seeking to remain in their homes and access care for themselves or a loved one.
Cristy Bryant Schuler provided current information on the costs of care in assisted living communities and other extended care resources.
And Steve Decovic provided details on a variety of vehicles to help pay for senior care through insurance and financial strategies.
Christi Buerger also provided some great resources from Texas Home Health. Feel free to print them for your own information and share with family and friends.
We are also including links for the VA forms discussed in the webinar.
Home Health Aid & Respite
Apply Directly: Veterans can apply direct by filling out the 10-10ez form and sending to the Veterans Administration.
Download VA Form 10-10EZ: https://www.va.gov/Vaforms/medical/pdf/10-10EZ-fillable.pdf
Apply at Veterans Center: Veteran can go to a local Veterans center for assistance from a service coordinator. Locations: https://www.va.gov/directory/guide/allstate.asp
Aid & Attendance Pension
Download VA Form 21-2680 https://www.vba.va.gov/pubs/forms/VBA-21-2680-ARE.pdf
List of PMC Locations: https://www.va.gov/pension/pension-management-centers/
VA locations: https://www.va.gov/find-locations/?facilityType=benefits
Seniors Living Smarter Seminars are presented monthly by Certified Senior Downsizing Coach® Virginia Lazenby as a service to seniors, their families, and the community. The goal of the free seminars is to equip, educate, and inspire seniors to make informed choices and empowered decisions concerning their lifestyle goals. Please join us for this series of very candid and real conversations about the unique and often complex housing-related issues facing seniors and their families.
Seniors Living Smarter Webinars are presented every month except December, on the third Thursday. Seminars are sponsored by Silver Key Benefits, Visiting Angels, Wesleyan Homes, Vera Bank and Seniors Living Smarter Services.
SeniorsLivingSmarter.com is your exclusive real estate information resource for downsizing and selling your home, making changes for aging in place, or trading home ownership for one of the many independent living communities in and around Georgetown. For those considering a move to, or within, Georgetown, TX, we provide you with comprehensive information about the area, easy to use search tools, and exclusive content about neighborhoods and communities popular with seniors.
Future seminars include:
June 17 — Are you prepared for aging in place?
July 15 — Ready to relax without letting your home own you?
August 26 — Touring a retirement community
September 16 — Is your stuff holding you back?
October 14 — Moving on gracefully
November 18 — Planning for next year? What lies ahead?
You are invited to sign up at www.SeniorsLivingSmarter.com/seminar and receive easy, step-by-step instructions on how to join our virtual audience. Or call 512-862-7339 and leave a message.
If you need information about downsizing or estate liquidation, I will be glad to meet with you for a complimentary consultation. Please contact me, Virginia Lazenby, Texas REALTOR® and Certified Senior Downsizing Coach at 512-818-0988 direct or email: firstname.lastname@example.org.