Move to such homes on an experimental basis to see if you are comfortable with the environment.
Make proper financial planning before digging into your retirement savings.
Check how much the expenses will shoot up at senior homes in the long run.
Assess all the costs in the home package, like long-term care, nursing, etc.
Ensure you have adequate health insurance coverage.
Ensure you have an adequate support system from friends, relatives, children, etc.
Consult with a financial advisor or eldercare attorney before making a decision.
Understand the terms of your contract, like fees, refund policies, adjusting care services, etc.
Compiled By Avijit Gupta