Financial Resources

Considerations when assessing finances for senior living and resources

The national average cost of an assisted living facility is $4,500 per month*, but this can vary widely across states and between individual communities. The national average for home care is $27/hour*, again varying between state and company, each with its own “minimum hours per visit” requirement. It’s easy to be overwhelmed and scared by the numbers. We want to help you fully understand your financial picture so that you can put in place a plan for you, or your loved one, to live safely and as independently as possible.

Oasis Senior Advisors Partners

Your Oasis Senior Advisor will work with you to understand your potential funding sources. Depending on your care needs and other factors, these can include:

  • Social security
  • Pension
  • Savings
  • Invested assets
  • Veterans Aid and Attendance
  • Long Term Care benefits (specific policies, or possible riders on Life Insurance policies)
  • Life insurance conversion
  • Equity in your home
  • Medicaid

Additionally, each Oasis Senior Advisor collaborates with a network of trusted providers to deliver a variety of solutions for other senior needs. These partners include financial advisors, estate planners, and local agencies that may be able to assist you.

Let Oasis Senior Advisors help you understand your financial options