{"id":219,"date":"2021-02-27T20:58:00","date_gmt":"2021-02-27T20:58:00","guid":{"rendered":"https:\/\/new.assistedlivingnetwork.com\/?p=219"},"modified":"2021-04-02T21:03:22","modified_gmt":"2021-04-02T21:03:22","slug":"15-the-myths-in-residential-assisted-living-part-2","status":"publish","type":"post","link":"https:\/\/assistedlivingnetwork.com\/15-the-myths-in-residential-assisted-living-part-2\/","title":{"rendered":"The Myths in Residential Assisted Living \u2013 Part 2"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"The Myths in Residential Assisted Living   Part 2 - By Gene Guarino\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/QEYhGmdLLqE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Where do we find the seniors?<\/strong>\u00a0<\/h2>\n\n\n\n<p>There are tens of millions of seniors in our country today who will need assistance with their Activities of Daily Living, according to AARP. That doesn\u2019t mean they\u2019re all going to move into an assisted living home or facility, but they will need help. The question is how do they get that help? How are they going to find you?\u00a0 Are you going to help with that assistance by providing a home for them to live in and or the care for them? \u00a0If so,\u00a0that\u2019s what Residential Assisted Living is all about.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Do seniors want to live with other seniors, and are they going to get along?<\/strong>\u00a0<\/h2>\n\n\n\n<p>Yes. There\u2019s a lot of seniors who are aging in place at home right now. Their kids have moved away. They\u2019re at home all alone and maybe they can take care of themselves, but frankly, they would much rather have people around them. Being with other seniors their age is vital to their health and their mental stability and wellness as well, so it\u2019s a great thing. Are they going to get along with strangers? People ask us that all the time. The answer is yes. The reality is they get it. They understand, they would rather be in their own home with their own family all around, but they know that\u2019s not their reality. They do need help in a different level, different kind. They want to be with peers of their own age and there\u2019s give and take.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How can they afford Residential Assisted Living?<\/strong>\u00a0<\/h2>\n\n\n\n<p>You know, a lot of people think the government\u2019s going to take care of the long-term care needs of the parents or grandparents in their life, and the answer is, well, the federal government does give money to the state government. The state then comes up with a program. They basically say to their citizens, show us that you\u2019re of age, let\u2019s say 65 and above, show us your assets, your income, your age, and we\u2019ll determine if you qualify for our program. That state\u2019s program may pay out $2,000 a month for long-term care or assisted living, but that amount is going to be reduced by whatever income they have. We focus on private pay. Private pay is where that senior\u2019s assets are being used to pay for their care or the family is subsidizing it privately, but it\u2019s private money, not government money, not an insurance program. Now there are long-term care insurance programs, which are wonderful. The reality is less than 10 percent of the people that come into our homes have those long-term care policies. Most of them are using private resources, the senior\u2019s home that\u2019s been liquidated, a retirement account IRA, a pension fund that they or their widow, spouse are now receiving and collecting.\u00a0 It\u2019s usually those three things, liquidating any other assets they have and once that money runs out, then it\u2019s the kids who are supplementing whatever it is they need to take care of mom and dad.\u00a0<\/p>\n\n\n\n<p><strong>Be sure to subscribe to our iTunes podcast to listen on the go!<a href=\"https:\/\/itunes.apple.com\/us\/podcast\/assisted-living-networks-podcast\/id1360517721?mt=2\">[CLICK HERE]<\/a><\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/new.assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15D.jpg\" alt=\"\" class=\"wp-image-222\" srcset=\"https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15D.jpg 1000w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15D-300x300.jpg 300w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15D-150x150.jpg 150w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15D-768x768.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/new.assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15C.jpg\" alt=\"\" class=\"wp-image-223\" srcset=\"https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15C.jpg 1000w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15C-300x300.jpg 300w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15C-150x150.jpg 150w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15C-768x768.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/new.assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15F.jpg\" alt=\"\" class=\"wp-image-224\" srcset=\"https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15F.jpg 1000w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15F-300x300.jpg 300w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15F-150x150.jpg 150w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/15F-768x768.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Where do we find the seniors?\u00a0 There are tens of millions of seniors in our country today who will need assistance with their Activities of Daily Living, according to AARP. That doesn\u2019t mean they\u2019re all going to move into an assisted living home or facility, but they will need help. The question is how do [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Myths in Residential Assisted Living \u2013 Part 2 - Assisted Living Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/assistedlivingnetwork.com\/15-the-myths-in-residential-assisted-living-part-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Myths in Residential Assisted Living \u2013 Part 2 - Assisted Living Network\" \/>\n<meta property=\"og:description\" content=\"Where do we find the seniors?\u00a0 There are tens of millions of seniors in our country today who will need assistance with their Activities of Daily Living, according to AARP. 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