There are tens of millions of seniors in our country today who will need assistance with their Activities of Daily Living, according to AARP. That doesn't mean they're all going to move into an assisted living home or facility, but they will need help. They're at home all alone and maybe they can take care of themselves, but frankly they would much rather have people around them. They understand that being with other seniors their age is vital to their health and their mental stability and wellness as well, so it's a great thing. You know, a lot of people think the government's going to take care of the long-term care needs of the parents or grandparents in their life, and the answer is, well, the federal government does give money to the state government. The state then comes up with a program. They may pay out $2,000 a month for long-term care assisted living, but that amount is going to be reduced by whatever income they have. They basically say to their citizens, show us that you're of age, let's say 65 and above, show us your assets, your income, your age, and we'll determine if you qualify for our program.🎓 Ready to turn your passion into profit? Join Isabelle Guarino’s private Skool community to learn how to launch, run, and grow your own residential assisted living business. Get access to exclusive trainings, expert Q&As, and a like-minded community all in one place. Start learning today! → https://www.skool.com/ralacademy/about Subscribe Wherever You Enjoy Your PodcastsApple Podcasts: https://impct.live/applepodcastSpotify Podcasts: https://impct.live/spotifypodcastMore Listening Options: https://impct.live/alnetworkpodcast

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related