But seriously, who on SSA without 500,000+ in the bank can spend 4 to 7000 dollars a month on themselves just to eat and sleep. Not in any way realistic. I think these places are praying on seniors who made $300,000 selling the house they bought for $12,000 in the 50s and will all be closed in 10 years. Thats how my mom was able to be in assisted living for 3 years.

She didn't know that the week she died of Covid was literally the week her money had run out. Could my sister, 79 and still working 70 hrs a week pay 3,000/month for my mother to stay there?

Generations now will never have a home they can sell and make hundreds of thousands on. I'm 70 with, no lie, 23 years left on my mortgage.

I've also seen where aging in place really means "ask your daughter for help." When you live alone and can no longer carry in groceries, or wash the kitchen floor alone or change your sheets, and no half million in the bank to pay for assisted or home care - NOT covered by insurance, its nursing home. We wonder why medicaid is running dry? And the taxes on my $5/hr is what has fed social security and we wonder why its running out. Very few earn as little as an FBI agent. Look at their saleries of less than $150,000 which is peanuts for running the FBI! (Look up Wrays salary.) But another story but does explain why there is no social security left. Nurses now make $100/hr in some places. Oh well...but there is no money for aging in place. Esp without family, kids, healthy spouse. Assisted living won't take you if you need assistance in your apartment. Wheelchair? They can't be taking people to the BR. Thats way beyond the assisted living contract.

I was told by a senior help organization that my insurance will pay for someone to bathe me and take my BP once a week for about 6 weeks after a major medical thing, but even they won't even make me a sandwich. He confirmed that as long as I was clean, they didn't care if I had not eaten or my sheets were 6 months on my bed. He was adamantly rude. Gets paid to help seniors. 5 minutes into my first call with them but my 10th number that day.

We shouldn't end up in a nursing home because we can't change our bed or wash our kitchen floor. I'd be running my (minimal) home graphic design business (I'm 70) from a nursing home bed. Now how crazy is that? I pay $600/year just to rent the software I need but dont even use every month.

Your clients are so fortunate to have 4 to 7,000 a month to throw away? My income is much less than that on SSA and as disabled my whole life, I barely have a comma in my bank balance.

It was weird to read spend 4000/month as if that was doable and NBD. In the 70s, I was making $5/hour as an RN. That doesn't come close to todays prices, even if I had saved 20% of my income for retirement and who can ever do that? And with social security based on that right? My dad never made more than $10,000 a year. Not enough taxes on that to fund our current retirement pool. Is that a separate conversation. I don't think so when we talk about what medicare won't pay for to keep us independent.

But we just stay grateful and sleep on gross sheets. Aging in place is really a misnomer. There are no social supports for that. Its just talk. It doesnt really exist and how realistic is it to live in assisted living without an inheritance?

Your clients are really beyond fortunate and represent the top 20%?

Sorry, I read "concierge" and laughed out loud.