Prospect Archives | Where You Live Matters

- Overview
  Get a more in-depth overview of senior living options to choose from.
- Active Adult/55+
  Communities that offer relatively maintenance-free independent living residences to those ages 55 and over.
- Independent Living
  Residential living for older adults who don’t need assistance. It’s ideal for seniors seeking a vibrant social environment.
- Assisted Living
  Residential living that provides a range of personalized help with activities of daily living.
- Continuing Care Retirement Communities
  Communities that provide progressive levels of care on a single campus, allowing adjustments when health needs change.
- Memory Care
  Communities specially designed to support adults living with Alzheimer’s disease or another type of dementia.
- Skilled Nursing
  A licensed residential facility that offers on-site skilled care for those who need a higher level of care than an assisted living facility can provide.
- Other Options & Care
  Learn who benefits most from home care options, hospice care and respite care.
- Overview
  Learn why Senior Living can be an affordable – and beneficial – alternative to remaining in a house.
- Paying for Senior Living
  Explore the many options available to you that can help offset the cost of senior living.
- Selling a House
  Get an in-depth look at how you can use your house – or the sale of it – to pay for a senior community.
- Insurance
  Long-term care insurance and other policies can be complicated. We’ll break it down.
- Savings, Income, and Assets
  In addition to proceeds from a house sale, learn more about how families use personal assets to fund the costs.
- Veterans Benefits
  Everything you need to know about the cost benefits available to Veterans and their spouses.
- Medicare and Medicaid
  Learn when Medicare and Medicaid can help cover your costs.
- Tax Benefits
  Discover how tax deductions may add up to substantial savings.
Featured Resources

Senior Care Planning: When to Start

How Much Does Assisted Living Cost?
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April 16, 2025

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