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Can I Afford Senior Living?

This worksheet will help you weigh out the costs of staying in your current living situation and moving into senior living. You will probably find that the costs are very similar.

Monthly Expense Description Present Expenses Senior Living
Mortgage or Rent Payment $____________ $3,200*
Property Tax and Insurance $____________ included
Utility Payments (Gas, water, sewage, trash, electricity) $____________ included
Homeowners or renters Insurance $____________  
Home/Renters Maintenance $____________ included
Yard Care $____________ included
Transportation (Insurance, gas, repairs, registration) $____________ included
Groceries (Meals, snacks, beverages) $____________ included
Emergency Call Service $____________ included
Activities and Entertainment $____________ included
Exercise Program $____________ included
Health Check- Ups $____________ included
Housekeeping and Linen Service $____________ included
Laundry Service $____________ included
*Note: Based on a national average of senior living alternatives.

 

 

 

 
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