|At Brookdale, we understand the challenges presented by the current economic environment, especially for those who are otherwise ready for senior living, but are uncertain how best to afford it.
Brookdale will help you make the move to the retirement lifestyle you want or need with generous programs and third-party senior living financial options that provide the financial flexibility you need to afford a great lifestyle, or to simplify your payment choices. Find a Brookdale community near you today and ask the Sales department for more information about these financial options.
Veterans Aid and Attendance Pension
The Department of Veterans Affairs provides the Aid and Attendance Pension to eligible wartime veterans and their surviving spouses. This benefit can offset a significant portion of the long term care expenses in a Brookdale senior housing community. Depending on your situation, the benefit ranges from $1,094 to 2,019 per month and is tax free. Ask your Brookdale sales associate to introduce you to a provider that will discuss the VA's eligibility criteria with you.
Ask your Brookdale sales associate to introduce you to a provider that will discuss the VA's eligibility criteria with you. Learn more about the Veterans Aid and Attendance Pension
ElderLife Financial Services
ElderLife Financial provides a line of credit to families and seniors interested in senior housing financing. The services are designed specifically to help seniors move into the senior living community of their choice, or to supplement their move while waiting for the sale of a home or other benefits to kick-in. ElderLife offers low monthly payments for a quick and easy move.
Availability and terms may vary by state. For exact details please contact Elderlife directly.
Life Care Funding Group
Life Care Funding Group offers two methods of converting a life insurance policy into funds you can use for long term care or senior housing financing. The Assurance Benefit converts a death benefit into a long term care benefit without premium payments or wait periods. Benefit amounts are larger than a life settlement and the process is quick and uncomplicated. The benefit will cover every form of long term care and senior housing. A Life Settlement is the sale of an in-force life insurance policy to an investor that will set certain minimum requirements for age and policy size.
View the Assurance Benefit Brochure here
Automatic Debit Program
Those who qualify can take advantage of Brookdale’s Automatic Debit Payment Plan, which enables you or your family to pay your apartment and service fees each month directly from your bank account. No paper bills to clutter your home; just one easy payment.
For the budget conscious individual or for those who want companionship, Brookdale communities can help match you with a roommate to share living costs and apartment space in our communities.
Brookdale Home Sale Program
Brookdale offers a home sale program for those interested in using the equity in their home immediately to move into select Entry Fee-based Life Care communities. Contact the Sales Department at any of Brookdale’s Life Care communities to see if they participate in the Brookdale Home Sale Program.