Advising Clients since 1980
What is Assisted Living?
Assisted living provides relatively independent seniors with assistance and limited health care services in a home-like atmosphere. Assisted living services include 24-hour protective oversight, food, shelter, and a range of services that promote the quality of life of the individual.
The philosophy of assisted living emphasizes the right of the individual to choose the setting for care and services. Assisted living customers share the risks and responsibilities for their daily activities and well-being with a staff geared to helping them enjoy the freedom and independence of private living.
About Assisted Living
Assisted living is licensed by state governments and is known by many different names including the following: residential care, board and care, congregate care, and personal care. Assisted living care is not a substitute for but rather a complement to nursing facility care.
Because there is no common definition for assisted living facilities, it is difficult to pinpoint the exact number of facilities. However, it is currently estimated that there are 36,000 assisted living residences nationwide. The “typical” assisted living customer is 85 years old. Three quarters of assisted living residents are female. About 68 percent of assisted living residents need assistance with bathing and almost half need help with dressing.
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Charles M. Bloom, Registered Principal offers securities and advisory services through Centaurus Financial, Inc. - Member FINRA and SIPC - 775 Avenida Pequena, CA, 93111 (mailing address: 3905 State Street Suite 7173, Santa Barbara, CA, 93105) - CA Life Insurance License No. 0A52786 - Centaurus Financial, Inc. and Shoreline Wealth & Investment Management are not affiliated companies.
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