2. About Senior Housing
⢠Broad term
â Both a place and a way to live
⢠Todayâs seniors (led by Boomers) have an
opportunity to live life on their own terms
⢠Choices for senior housing are evolving and
expanding
â Senior population increasing
â Market evolves to meet needs, desires
⢠Descriptive terms may differ, but senior housing is
generally viewed in the following categories
3. Active Senior Living
⢠Variety of housing
options within a
community geared to
those over 55
⢠Apartments
⢠Condominiums
⢠Single detached houses
⢠Focus on activities and
services appealing to
seniors:
â Classes
â Seminars
â Recreation
â Travel options
â Proximity to outdoor
sports
4. Senior Apartments
⢠Housing marketed to people over 55
⢠No support services offered:
â No available staff
â No housekeeping services
5. Independent Living
⢠Residential housing similar to an apartment or
condominium complex
⢠Added benefit of 24-hour staff
â Medical emergencies
â Housekeeping services
6. Assisted Living
⢠Includes private apartments
â Studio
â One-bedroom
â Two-bedroom
⢠24-hour staff
â Assist with activities of daily living (ADLs)
⢠Level of care varies
â From light housekeeping to extensive personal
assistance
7. Memory Care
⢠Individual apartments or private rooms
⢠Safe and controlled atmosphere
⢠24-hour trained medical staff
⢠May be free-standing or in a designated area as part
of a larger assisted living facility
8. Care Homes
⢠Generally found in neighborhoods
⢠Usually privately owned
⢠State-licensed
⢠Non-medical care
⢠Six or fewer residents
⢠More cost-effective than other types of senior
housing
⢠Provide a more home-like environment
9. Continuing Care Retirement
Communities (CCRCs)
⢠Continuum of care
â Housing
â Services
â Health care
⢠Assisted living is not always included
⢠Skilled nursing care always available (on or off-site)
⢠Contract to residents guaranteeing housing and
nursing services (often for a lifetime)
10. Skilled Nursing Facilities
⢠Also known as:
â Nursing homes
â Rehabilitation facilities
⢠24-hour medical care
⢠Private and semi-private rooms
11. A Snapshot of Senior Housing
This chart reflects general levels of service. Skilled nursing and personal care are often
available through a third party. Prices vary according to the service one is receiving
and the area of residence.
Independent
Living
Assisted
Living
Memory
Care
Care Home CCRCs Skilled
Nursing
Cost per
Month
$1500-$3500 $2200 +
services
$2200 +
services
$2500 - $3500 $4000 - $8000 $7000
Meals per Day Options 1-3 3 3 Options 3
Medication
Management
No Yes Yes Possibly Yes Yes
Personal
Services
Options Yes Yes Yes Options Yes
Accepts
Wheelchairs
Yes Yes Yes Yes Yes Yes
Dementia Care No Possibly Yes Possibly Options Yes
On-site Nurses No Usually Yes No Options Yes
Transportation Usually Yes Yes Yes Yes Yes
12. The Importance of Researching
Senior Housing Options
⢠Senior housing options increase with the aging of the
population
⢠Thoroughly discuss and research options in advance
of an intended move
⢠Read through our library of senior housing resources
to learn all you can about the options available
⢠Browse our directory of senior housing in your area
to find the right home for you or your loved one
13. SeniorHomes.com
⢠Information in this presentation provided by
senior housing writer Marky Olson
⢠SeniorHomes.com is a free resource for
seniors and families searching for housing and
care services
⢠Visit http://www.seniorhomes.com for more
information on senior housing