ALFA Senior Living Executive Conference

More than 70% of Americans older than 40 aren’t confident that they will be able to finance or make the right decision for long term care and senior living, but there are creative strategies to help older adults finance their new home immediately with your community. For example, more than 17 million veterans are eligible for a pension that helps them pay for care, but fewer than 5% receive it. Many older adults have a life insurance policy that that can be converted to a long term care policy. There are also realtor networks specializing in senior housing and the potential of house deferments – a resource basically untapped in the United States but widely used overseas.