Family Senior Care ResourcesIf you’re looking into senior living for your loved one, it can be helpful to know what to expect as well as what resources are available to help with finances and insurance. At Cedarbrook, we want to make the transition to our communities as seamless as possible. You’ll find a wide variety of resources below as well as advice on how to choose a senior living community. To learn more, contact us at 248.936.6779 or schedule a tour of one of our communities today.

Financial Resources

There are several personal funding sources to consider when looking into senior living:

  • Income from your retirement plans, pensions, annuities, and social security
  • Equity in your current home or other owned real estate
  • Sale of stocks or bonds conversion of mature certificates of deposit
  • Outside financial sources
  • Family assistance
  • Life settlement from the sale from an insurance policy
  • Converting a life insurance policy to cash

Elderlife Financial Services

Elderlife provides financial solutions to seniors and their families on how to pay for senior living. One of the solutions that Elderlife provides is a Line of Credit creating an easy way to finance senior living, eliminating for many, obstacles to moving into a senior living community.

This type of solution can be utilized to assist with:

  • Paying for rent while waiting for a home to sell
  • Paying for rent while waiting for VA or other benefits
  • Finance the cost of move-in/community fees
  • Supplement monthly rent

For additional information, please visit the Elder Financial website.

Long-Term Care Insurance

Long-term care insurance is an insurance product that pays for long-term care services in various settings depending on your policy and can include assisted living, nursing homes, and adult daycare.

Understanding Long-Term Care Insurance, AARP

Choosing a Senior Living Community

When you or a loved one is ready to choose a senior living community, it is important to handle the transition as smoothly as possible. For an individual or a family, this means doing your homework by considering the key factors that may impact your long-term satisfaction with your choice.

A good first impression is key. When visiting a senior living community, you will receive a tour and most likely a meal. You will also have the opportunity to observe resident activities, talk with residents as well as staff, and examine the upkeep and curb appeal of your new home.

Below are some guidelines that can help you during a senior living community visit:

  • Ensure the community offers all the personal and healthcare-related services you need or that you are likely to need in the future.
  • Pay attention to the overall design and appeal of the community.
  • Ask to see a model apartment, as well as an available one that is move-in ready. Check to see if carpets, paint, and wallpaper are fresh and clean and that appliances are clean.
  • Check the landscaping and interior décor to see if they are fresh and inviting.
  • Food should be exceptional and of the highest quality.
  • Food service and access to dining should be convenient.
  • Staff should be friendly, smiling, well-groomed, diligent, and eager to deliver exceptional service and care to the residents.
  • Talk with the residents and ask how long they have lived in the community and their impression of the lifestyle there.
  • Check the appearance and upkeep of the public restrooms; this is a good indicator of overall standards.
  • Ask to see the current monthly activity schedule for residents at all care levels.

When all is said and done, the determining factor in choosing a senior living community is the quality of the care and services delivered. Cedarbrook Senior Living’s Core Principles are exemplary of our continuous commitment to serve all residents at an exceptional level.

Further Resources for Families

  • Mayo Clinic
  • National Institute on Aging
  • Fall Prevention Center of Excellence
  • University of Michigan, Institute of Gerontology
  • Wayne State, Institute of Gerontology
  • Argentum

Contact Us

For more resources or information about Cedarbrook Senior Living, contact us at 248.936.6779.