What Are The Hidden Costs Of Moving Into A Retirement Or Assisted Living Facility?
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What Are The Hidden Costs Of Moving Into A Retirement Or Assisted Living Facility?

While senior living facilities can provide fantastic care and support for your loved one, they also come at a cost. While many of those costs are laid out upfront, you may also find that many senior living facilities have unexpected, hidden costs that they may not disclose ahead of time. Those costs can add up faster than you think, especially if you have a limited budget or haven't planned for them ahead of time. Make sure you factor in these key costs as you plan to move to an assisted living facility for your loved one. 

1. Moving Costs

The cost of moving into a retirement or assisted living facility may include the cost of packing and moving, a one-time fee for the facility, and an entrance fee. Keep in mind that some facilities may also charge an additional fee for furniture or appliances you plan to bring along. You should also take into consideration any additional fees associated with moving, including things like hiring movers or renting a truck. 

2. Storage Costs

The cost of storage can add up quickly after you move into a retirement or assisted living facility. Many facilities have limited storage space, and those that do offer storage may charge a fee. Even if you do not plan to use on-site storage, if your loved one will be keeping items that will not fit into the new apartment or space, you may end up paying storage costs for many of those items. 

3. Activity Costs

The cost of activities at a retirement or assisted living facility depends on the facility and the types of activities it offers. Activities like exercise classes, day trips, or cultural events might require an additional fee. Many seniors want to participate in those activities to keep them active and engaged in their communities, but the extra cost of those activities can add up faster than anticipated. 

4. Fees For Extra Support Or Services

Whether you need assistance with dressing, bathing, bathroom care, laundry, or mobility care, these services often come with an additional fee in a retirement or assisted living facility. Seniors and their loved ones should carefully evaluate what services they will likely need and what those fees will look like. 

5. Medical Treatment Costs

If your loved one needs medical treatment while living in a retirement or assisted living facility, additional costs may apply. Some facilities provide additional medical services like hospital visits, physical therapy, and specialist visits, but they usually come with an additional cost. Take a close look at what services are offered by the facility and how your senior loved one will need to pay for them. 

6. Transportation Costs

The cost of transportation can be a hidden cost when moving into a retirement or assisted living facility. Some facilities provide transportation for residents, including buses, vans, or private transportation, but it may come with an additional fee. 

Help Seniors Stay At Home Longer

When you add up all the hidden costs associated with moving into a retirement or assisted living facility, the total cost can quickly become overwhelming. That's why it's so important to research different facilities and understand their fees and services before making a final decision. In addition, carefully consider whether moving into an assisted living center is the right choice for your loved one, or if you want to consider other options, including in-home care for your senior loved one. 

If you're looking for in-home senior care in the Knoxville, Maryville, Madisonville, Loudon, or Harriman area, consider Senior Helpers Madisonville. Our personalized approach to senior care allows your loved one to stay in their own home while receiving the care and support they need. Contact us today to learn more about our services.