Extra Fees Drive Assisted Living Profits

Assisted-living centers have become an appealing retirement option for hundreds of thousands of boomers who can no longer live independently, promising a cheerful alternative to the institutional feel of a nursing home. But their cost is so crushingly high that most Americans can’t afford them. These highly profitable facilities often charge $5,000 a month or…

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A Guide to Assisted Living

Are you confused about what an assisted-living facility is, and how it differs from a nursing home? And what you can expect to pay? Here’s a guide to this type of housing for older people. What is assisted living? Assisted-living facilities occupy the middle ground of housing for people who can no longer live independently…

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