Budgeting for Elderly In-Home Care Services
One of the unfortunate aspects of aging is that you become dependent on others for your day-to-day care. Depending on your current condition, this can range from basic cleaning and cooking services to around-the-clock medical care and emergency assistance.
The positive news is seniors have a choice over where they want to age, and many are now choosing to use in-home care services to have professional care in the comfort of their homes. For those interested in this option, you must begin to budget accordingly to account for the costs of in-home care services.
Is In-Home Care Expensive?
To ensure you have sufficient funds for your twilight years, it is essential to budget accordingly, as care services can become expensive quickly.
When you first transition from independent retirement to assisted care living, you will likely pay no more than a few hundred dollars per month to cover in-home care services. However, we recommend budgeting to spend at least four to five thousand dollars per month on round-the-clock care services during the final stages of your life, especially if you do not have children or other loved ones.
Keep in mind that these figures are general estimates, and the cost of in-home care services can vary greatly. Additionally, those without the money to afford in-home care can opt for more affordable senior housing options in Canada.
At Care at Home Services, our goal is to provide professional and affordable in-home care services to seniors in British Columbia and Alberta. We create close and compassionate relationships with our clients to support their lifestyles.
Care At Home Services provides private-pay care allowing your, or your loved one, to maintain your independence in the comfort of your home.