Understanding the costs of senior care are important when planning your retirement. Senior caregivers know the very real challenges that come with maintaining just the basic activities of the day when you are dealing with memory loss or a physical ailment. Many age-related diseases develop for even the healthiest individuals. Very often seniors with Alzheimer's disease or another form of memory loss enjoy good physical health, yet are unable to care for themselves because of the memory loss.
Senior care costs depend upon the type of care:
- Home Care
- Assisted Living
- Nursing Home Care
Senior home care will range from $16 to $26 per day, depending on the geographic area of the care (metropolitan cities have a higher cost of living than rural areas). Nursing home costs range from $150 to $350 or more per day, depending on the level of care and if it is a private or semi-private room. You can find the costs of nursing homes nationwide in Caregiverlist's nursing home ratings section.
Learn about quality standards for senior care an all options before you need senior care, in order to effectively plan ahead.