Sage Senior Support releases free guide 'Paying for Long-Term Care' to help families navigate the financial challenges of senior living, which averages over $5,000 monthly for assisted living in the U.S.
-- As the cost of senior living continues to rise nationwide, families are being forced to take a closer look at how they’ll pay for care—often while navigating a health crisis or urgent safety concern for an aging parent.
In Texas, the average monthly cost for assisted living now hovers around $4,500-$5,500, while memory care services can exceed $6,000 per month. These figures don’t include out-of-pocket medical costs, support services like transportation or home care aides, or the expense of managing the family home during a transition.
“This is one of the first things families ask,” says Logan Hassinger, founder of Sage Senior Support, a Grapevine-based company that guides families through senior care transitions. “They’re not just asking where mom should live — they’re asking, ‘How in the world are we going to afford this?’”
For many families, the answer lies in getting educated about what costs to expect, and then identifying all potential funding sources. That’s why Sage Senior Support created the free guide Paying for Long-Term Care, which breaks down these topics into simple, actionable steps.
What Senior Living Costs Actually Cover
Assisted living typically includes room and board, meals, housekeeping, and personal assistance with daily activities like bathing or dressing. Memory care offers a higher level of supervision, structured activities, and enhanced safety features for those with dementia. However, costs vary dramatically depending on the facility’s location, amenities, and level of care.
“One family might be quoted $3,500 a month, while another hears $7,000 — and neither includes extra charges like incontinence supplies or medication management,” Hassinger explains.
The guide emphasizes the importance of asking what’s included in monthly rates — and what might be billed separately.
Paying with the Proceeds from the Family Home
In many cases, the family’s largest asset is the home. Selling it can free up the equity needed to cover care for months or even years. But that decision isn’t always straightforward, especially when emotions or multiple family members are involved.
“There’s often a deep emotional tie to the home, and families worry about moving too quickly,” Hassinger says. “But the reality is that those funds could dramatically expand the care options available.”
To address this, Sage Senior Support offers home transition services alongside care planning. Families receive clear guidance on their selling options, whether listing on the market, making updates to boost value, or pursuing a direct sale.
Financial Tools Families Overlook
Aside from private pay, there are a number of financial tools that families may be eligible for:
Veterans Aid & Attendance benefits can add over $1,400/month for wartime veterans or their surviving spouses.
Texas Medicaid can cover long-term care for those who qualify financially and medically.
Long-term care insurance can offset costs, though families are often unaware of how to file or activate benefits.
Bridge loans can help cover immediate care while waiting for a home sale or benefit approval.
The Paying for Long-Term Care guide walks families through these resources, along with links to eligibility checklists and application tips.
Planning Ahead vs. Responding in Crisis
In many cases, families wait until there’s a fall, hospitalization, or wandering incident to begin making a plan. By then, their options may be limited, or costs may be higher due to urgency.
Hassinger encourages families to start the conversation early — even if care isn’t immediately needed. “When you plan ahead, you buy yourself time to make thoughtful choices, not desperate ones,” he says.
The Paying for Long-Term Care eBook also includes checklists for evaluating current needs, estimating future care levels, and preparing financially over time.
For families feeling overwhelmed by senior care costs, the team at Sage Senior Support offers no-cost consultations and resources designed to bring clarity to a difficult journey.
Download a free copy of Paying for Long-Term Care at
https://www.sageseniorsupport.com/paying-for-care
Contact Info:
Name: Logan Hassinger
Email: Send Email
Organization: Sage Senior Support
Address: 1452 Hughes Rd Suite 200, Grapevine, Texas 76051, United States
Website: https://www.SageSeniorSupport.com
Source: PressCable
Release ID: 89161839
If there are any problems, discrepancies, or queries related to the content presented in this press release, we kindly ask that you notify us immediately at error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be available round-the-clock to address your concerns within 8 hours and take necessary actions to rectify any identified issues or support you with press release takedowns. Ensuring accurate and trustworthy information is our unwavering commitment.