Senior Living Affordability Calculator

This affordability calculator helps you estimate your income and your expenses in your current home, and identifies the services and costs that are included in the monthly service fee of the LifeHOUSE community of your choice. Many view home care, day care, and sitter services as more affordable. However, add the costs of these services to the expenses of home maintenance and outside services and see how it all adds up.

 
  Current Monthly Expenses Your Present Home Senior Living
1 Rent / Mortgage or Senior Living Fees
2 Property Tax and Insurance Included
3 Utilities (Electricity, Gas, Water, Sewer, Trash Removal) Included
4 Home or Renter’s Insurance
5 Telephone & Cable
6 Weekly Housekeeping Included
7 Yard Care & Landscape Maintenance Included
8 24-Hour Security Included
9 Maintenance & Home Repairs Included
10 Transportation(Insurance, Gas, Registration, Repairs) Included
11 Laundry Services (Washer & Dryer) Included
12 Social, Cultural, Recreational Events Included
13 Three Meals Daily Included
14 Health and Wellness Forums, Classes and Programs Included
  Exercise Programs Included
  24-Hour Emergency Call Service Included
  Full-time Activities Staff Included
15 Subtotal
Potential Income from Sale of Home or Monthly Rental Income.
16 Net Cash Total From Sale of Home* Included
17 Invested at A Standard Market Rate, e.g. (line 15 X 6%) Included
18 Monthly Income from Home Sale Investment (line 16 divided by 12) Included
19 Total Current Monthly Expenses Plus Potential Income from Sale
of Home (line 14 + line 17) vs. Senior Living Fees