Irving, Texas is home to a variety of assisted living facilities that offer a range of services to help seniors that can benefit from a helping hand with daily activities such as bathing and dressing, housekeeping and laundry, grocery shopping and meal preparation, and transportation to doctor’s appointments. Here’s an overview of assisted living in Irving, which features suggestions for how to choose a facility along with approximate costs and options to cover the costs of provided services.
A variety of helpful tips and suggestions to help you choose the right senior living community are featured within the Guide to Choosing an Assisted Living Community, an online brochure published by the Assisted Living Federation of America (ALFA). The ALFA guide highlights an extensive checklist of questions to ask and items to look for when visiting a facility. A few examples of questions to ask during your tour include:
Are different floor plans available for residents to choose? Are utilities such as heating and cooling included? Does the facility allow residents to have pets? Are complimentary transportation services provided? Is there a beauty salon and barbershop available on-site?
Prices for long-term care services across the nation are featured in the Genworth Cost of Care Survey, which includes major metropolitan areas in each state. Although Irving is not included with the data for Texas, the median annual rates for assisted living facilities in nearby Dallas were $44,400 in 2016 with projected 5-year annual growth rates of 0%. In comparison, the national median rates were slightly lower at $43,539 in 2016 with projected 5-year annual growth rates of 3% per year.
Older adults that are on a budget may be able to save money on assisted living services at facilities that offer affordable housing options for low-income seniors. Based on having limited assets, you may be able to get reduced rates for services within a senior living community. The prices would be based on a sliding scale, so you would only be charged for select amenities and features. Another option to consider is to have a roommate. You could share a two-bedroom apartment in an assisted living community with another senior roommate, split living expenses, and share the costs of offered services.
Seniors in search of ways to pay for the costs of assisted living can benefit from a variety of federal government assistance programs. Medicaid and Section 8 senior housing are examples of programs you can use. Other options include Veterans (VA) Aid & Attendance Pension plans. If you recently retired and you have an employer-funded pension, you can use the money along with social security to help cover the costs.
Federally insured government reverse mortgages, known as Home Equity Conversion Mortgages (HECMs), are an alternative funding source you may want to explore. HECMs are “backed by the U.S. Department of Housing and Urban Development (HUD),” according to the Federal Trade Commission (FTC). Like a traditional reverse mortgage, the assets from the loan could be used to help pay for the costs of assisted living.
Find assisted living in Irving near you.