In 2000, roughly 4.5 percent of all American citizens 65 and older lived in a nursing home. On that note, women are three times more likely to reside in a nursing home during their lives, possibly because women historically live longer lives than men. For instance, an elderly widow might move into an assisted living home.
The average occupancy of assisted living homes in America is 86 percent. That means that in most assisted living care centers, around 86 percent of the rooms will be filled. Furthermore, the average resident in a nursing home has been there for roughly 835 days. Unsurprisingly, once people move into an assisted living community, they are there for the remainder of their lives.
Importantly, though nursing home costs vary quite widely, Medicare sometimes covers nursing home costs, under certain requirements. It is up to you to talk with your insurance provider to see if they cover the expenses of retirement housing. In any case, senior living facilities, or assisted living homes, can provide a perfect place for the elderly to live out their remaining years while being taken care of.