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Wednesday, April 25

accommodating aging parents

NPR is exploring issues surrounding multi-generational living.  It might go without saying that backyard cottages are a great option for many families especially when considering the costs of elder care.


The Cost Of Elder Care
Adults have been providing an increasing percentage of financial assistance to their parents in recent years. Below are the national average annual costs and daily rates paid for various types of adult care.

Type
Average
Annual
Nursing home: semi-private room
$214/day
$78,110
Nursing home: private room
$239/day
$87,235
Assisted living
$3,477/month
$41,724
Home care: home health aide
$21/hour
$21,840
Home care: homemaker
$19/hour
$19,760
Adult day services
$70/day
$18,200


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preparing for a future