Financing for Senior Living
We want to be sure residents and their families understand the requirements and costs of personalized, concierge assisted living and memory care.
We are happy to suggest and share with you the following financial options to help make a move into our Lubbock community even more affordable.
Home vs South Plains
Long-term care insurance can provide funds for care in senior living communities not covered by other insurance.
Funds from selling or converting a life insurance policy can help with senior living costs.
Interest, capital gains, and dividends from savings and investments offer another source of income for seniors.
Veterans, as well as surviving spouses or dependents, may be eligible to receive an additional monthly pension through the Aid and Attendance Program to contribute to assisted living fees.
Money from selling a home or a home equity loan can help with the costs of moving into a senior living community.