Nevada Financial Planning

Nevada - Financial Planning and Management

The senior care search is not the easiest process and once cost is added to the equation, stress often increases.  The best way to deal with such an issue is to educate yourself on the costs associated with certain types of care early on in your search.  Sometimes senior care cost can be reduced by retirement or insurance plans, so look into any possible discounts. 

It may be tough to discuss moving a senior into a care facility, but it is important to have this conversation early so there is ample time to search for a high-quality facility.  For help with these kinds of conversations, check out our helpful article on Elderly Parents and Future Care Wishes.

The cost of senior care varies from facility to facility, but it is important to carefully evaluate each option before making a final selection.  According to Genworth Financial, the median yearly cost of various types of senior care in Nevada is as follows:

·        Assisted Living (private, one bedroom): $35,940

·        Nursing Home (semi-private room): $80,300

·        Nursing Home (private room): $87,600

Additional Resources

AARP Nevada: AARP provides information to retired people across the country, including financial guidance.

More Resources

Senior Care Referrals: Need help making sense of senior care options? Get free guidance from Care.com's experienced senior care advisors who can help you select from screened home care agencies and senior housing communities nationwide to find the right solution for your aging loved one. Search senior housing agencies or call 855-490-8652.

Senior Care Counseling: If you're not sure about where to begin the process of searching for senior care for your family, Care.com offers specially trained individuals who will work one-on-one with you to determine the best care situation for you and your family. Call them at 877-922-7314.

Looking for quality senior care in Nevada? Take a look at the local pages below.

Carson City

Incline Village

Reno