THE COST OF MOVING VS. STAYING AT HOME
For many families, weighing the cost of choosing a senior living community compared with living at home can feel daunting. But it may not be as expensive as you think. When you tally up the cost of housing, utilities, groceries, home care and transportation – many older adults spend more living alone.
Depending on the type of services you need, you or your responsible party may be eligible to deduct up to 100% of senior living fees – including apartment, dining and personal care services – on your tax return.