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Financial Resources in Delray Beach, FL

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6595 Morikami Park Road, Delray Beach, FL 33446  Map

Financial Resources For A Seamless Transition

We understand that choosing a senior living community can be overwhelming, especially when it comes to the cost. That’s why we’ve designed resources and tools to help you calculate the cost of senior living and make an informed decision.

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Senior Living Cost Calculator

Our cost calculator is a simple tool that allows you to estimate the monthly cost of senior living. Input your preferences and needs, and we’ll provide you with an estimated cost that meets them.

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VA Benefits

The Department of Veteran Affairs (VA) offers benefits to help Veterans pay for increased senior care. The Aid and Attendance benefit is one of these programs and can provide eligible U.S. Military Veterans and their spouses over $2,600 of monthly, tax-free income, which can help cover the costs of their senior care. Eligibility can be determined in less than 5 minutes by reviewing wartime dates, discharge type, care needs, income, and assets.

 

Unsure about your financial options? Explore a range of cost-effective solutions tailored to individual needs and circumstances.

  • icon-selling-the-home Selling the Home
  • icon-long-term-care-insurance Long-term Care Insurance
  • icon-tax-benefits Tax Benefits
  • icon-life-insurance Life Insurance
  • icon-social-security Social Security
  • icon-reverse-mortgage Reverse Mortgage
  • icon-bridge-loans Bridge Loans
  • icon-companion-living Companion Living
  • icon-medicare-benefits Companion Living
  • icon-pay-with-personal-funds Pay with Personal Funds
  • icon-shared-housing-options Shared Housing Options

Frequently Asked Questions

How can I inquire about financial assistance options available at The Arbor at Delray?

If you need information on financial assistance at The Arbor, please get in touch with our supportive team. We are committed to helping you understand your options and providing the necessary support. Also, please feel free to use our free senior living cost calculator to help simplify your financial planning!

Does Medicare cover the cost of assisted living in Florida?

Medicare in Florida usually does not cover the costs associated with non-medical care in assisted living communities. Rather, Medicare is primarily dedicated to covering seniors who require temporary care in skilled nursing or rehab centers during their recovery from health conditions.

What are the various payment plans offered for senior living at The Arbor at Delray?

Recognizing the distinct needs of every resident, The Arbor provides a selection of payment plans to suit different requirements. Our customized packages ensure that each resident receives the appropriate care and support while staying within their budget. For more information on our adaptable payment options and senior living planning assistance, give us a call at 561-710-2332.

Are there any discounts or promotions available for new residents at The Arbor at Delray?

At The Arbor, we emphasize the importance of accessible and affordable senior living. Although we don't usually offer discounts or promotions for new residents, we collaborate with Elderlife Financial Services to help seniors explore their financial options for senior living.

Additionally, we encourage considering long-term care insurance and Veterans Benefits, along with other resources. These financial assistance options can help cover the required care. Our devoted team is here to provide guidance and support, ensuring our residents receive the care they deserve while managing their financial needs effectively.

How much does a senior living community cost in Florida?

In Florida, the cost of senior living communities varies greatly due to factors such as location, amenities, and the level of care provided. On average, you can expect to pay anywhere from $3,000 to $7,000 per month for assisted living, with memory care services costing between $4,000 and $8,000 per month.

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Independent Living

A luxury retirement lifestyle comes to life in your apartment or cottage, complete with activities focused on wellness and socialization.

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Assisted Living

Experience peace of mind, with the added support and freedom to live a vibrant, healthy, and fulfilling retirement.

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Memory Care

Designed for seniors with Alzheimer's disease or other forms of dementia, providing a safe, comfortable environment and meaningful relationships.

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