THE REAL COST OF ASSISTED LIVING HIDDEN FEES AND ADDED SERVICES
According to the U.S. Census Bureau, the population of seniors is growing. Projections indicate that 56 million seniors will inhabit the country by 2020 and 74 million by 2030. As the number of seniors increases, so does the need for senior living facilities. While you can still find plenty of traditional nursing homes, assisted living facilities have soared in popularity over the years. While this type of community has many benefits for seniors and their families, it can be difficult to parse exactly what you’ll be paying for. The pricing structure and contract details require careful consideration before you decide on an appropriate facility for your loved one. Prices for assisted living facilities vary significantly. Because they offer a slew of services, you need to be fully aware of what you’re paying for. The base price you are quoted will usually include rent, meals, and activities offered on the premises. When: Thanksgiving Day, Thursday, Nov. 22, 2018; 8:00 a.m. Where: Atlantic Beach Register at TonysTurkeyTrot.com Waking up early on Thanksgiving morning to run a 5K might not sound like the best way to start the holiday, but Tony’s Turkey Trot has become an Atlantic Beach tradition for a reason. Founded by Anne Marie Meduri-Tucker, this run honors her father, Tony Meduri, who suffered from a traumatic brain injury (TBI) after being hit by a drunk driver. Tony Meduri’s TBI Fund aims
Some companies may offer a few additional basic services included in this cost, but as a rule, you can expect that any extra services will increase the price. Add-ons for assisted living services can range from basic hygiene needs to medical costs. If your loved one needs help dressing, you can expect an additional fee. The same goes for medication reminders, escorts to meals, incontinence care, and many more services. On-site activities are usually folded into the base rate, but be
sure of that before signing. Access to a gym, pool, or pharmacy, for example, may incur extra charges. One advantage of the pricing model of assisted living facilities is that you can add services at any time. Many care facilities house seniors of varying health and ability levels. In the event that your loved one needs more services, they are easy to add to your payment package. However, it’s important that you read the terms and conditions detailing any services you decide to include. Otherwise, you may end up paying for a service your loved one doesn’t need. The most important piece of advice when it comes to the hidden costs of assisted living is to read your contract thoroughly. You can also consult an estate planning or elder law attorney to ensure that you’re fully aware of all charges and possible future costs.
MARK YOUR CALENDARS!
year as participants in and sponsors of Tony’s Turkey Trot. Adam has family members who have endured TBIs. This is a cause near and dear to our hearts. Thanksgiving is a perfect time to give back, and Wolf Retirement Navigation is proud to be part of this amazing event. There is still time to sign up for Tony’s Turkey Trot and race for top prizes or enjoy a leisurely pace and walk the beautiful course with your family. The kids are also invited to participate in a 1-mile fun run. After the races, hang
out with your fellow runners and enjoy food and smoothies from local vendors, face painting, and bounce houses for the kids! This is an incredible event in support of an important cause. Plus, once you’re done, you’ll be
to raise awareness for the thousands of Floridians who suffer from a TBI every year. The team at Wolf Retirement Navigation is there bright and early every
Join the WRN Team and sign up today at TonysTurkeyTrot.com . Register before Oct. 24, 2018, to take advantage of discounted entry fees.
able to say you earned that second piece of pie after Thanksgiving dinner.
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2 LOCATIONS TO SERVE YOU! Jacksonville & Fleming Island
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