Sunrise Senior Living Helps Families Explore Senior Care Financing Options with New Guide
February 02 2009 - 5:09PM
PR Newswire (US)
- Affording Senior Living: The Financial Options Guide Now
Available at Sunrise Communities and Online - MCLEAN, Va. Feb. 2
/PRNewswire-FirstCall/ -- Sunrise Senior Living (NYSE: SRZ) now
offers a new informational guide to help seniors and their families
identify ideas for affording senior care in today's challenging
economy. The guide, called Affording Senior Living: The Financial
Options, is available at Sunrise communities nationwide and also
online at http://www.sunriseseniorliving.com/financialoptions for a
limited time. The guide gives tips and identifies a variety of
financial products that are available in the marketplace today to
help families who need access to senior care, but are unsure how to
fund it. In the past, people relied on the sale of a home or
traditional savings and investments to afford senior living.
However, there are a number of additional financing options
available: -- Traditional options such as investments, savings and
income -- Real estate options such as home equity loans and reverse
mortgages -- Insurance options such as long term care insurance and
life settlements -- Government options such as Veterans' Benefits
and Medicare "We recognize that many people have questions about
the best way to finance senior care, especially today," said Kurt
Conway, senior vice president for Sales & Marketing at Sunrise.
"That is why we felt it was important to help seniors and their
families understand that there are many options for financing the
personalized care and services they need - as soon as they need
it." The guide also includes a Senior Living Expense Worksheet,
which can help seniors and their families evaluate the costs of
home care versus a senior living community. Often times they learn
that a senior living community is a more affordable option, once
they consider the value and cost savings it affords when all the
cost of care at home are added up. Sunrise Senior Living has helped
seniors and their loved ones identify senior living solutions since
1981. For more information on a Sunrise near you, please visit
http://www.sunriseseniorliving.com/. About Sunrise Senior Living
Sunrise Senior Living, a McLean, Va.-based company, employs
approximately 40,000 people. As of September 30, 2008, Sunrise
operated 448 communities in the United States, Canada, Germany and
the United Kingdom, with a combined capacity for approximately
55,000 residents. At quarter end, Sunrise also had 34 communities
under construction in these countries with a combined capacity for
4,277 additional residents. Sunrise offers a full range of
personalized senior living services, including independent living,
assisted living, care for individuals with Alzheimer's and other
forms of memory loss, as well as nursing, rehabilitative and
hospice care. Sunrise's senior living services are delivered by
staff trained to encourage the independence, preserve the dignity,
enable freedom of choice and protect the privacy of residents. To
learn more about Sunrise, please visit
http://www.sunriseseniorliving.com/. DATASOURCE: Sunrise Senior
Living CONTACT: Jamison Gosselin, Senior Director, Marketing
Communications of Sunrise Senior Living, +1-703-744-1841 Web Site:
http://www.sunriseseniorliving.com/
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