Let me bring up a solution no one (so far) as mentioned that I’m planning on doing. I’m very familiar with facilities in The Villages. My 93 year old father was progressing in Alzheimer’s 3 years ago when I needed to find a memory care facility. Most high end assisted living facilities offer a memory care unit with controlled environments, special trained staff, and special activities all geared just for Alzheimer’s patients. I had a specialist helping me find a nice facility and there are many here. Btw, there are no facilities in The Villages that accept Medicad. You would have to go outside the bubble to find one. Cost was $6700/mo. Gorgeous facility that had daily live concerts, beautiful dining room, spa, pool, gourmet meals, private rooms ( you provide the furniture), wine bar, hundreds of activities. A wonderful place. Most times when a person has to go into a facility they last less than 2 years. Up until that point you can pay for home assistance a few times a week until that’s not enough. How do you pay for $7000+ month and live your last couple years in luxury? You sell all your assets and use the equity gained from your house to pay for it. Most living in The Villages own a home which will have hundreds of thousands in equity once sold. Use that nest egg. (instead of savings or investments).
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