Financial Planning for
Cottages at Palm Beach
Beyond priceless peace of mind, Memory Care can be more cost-effective than your loved one remaining in their home. We understand that financial considerations are a significant part of this transition, and our goal is to provide clear, reassuring information to help you plan confidently.
How Much Does
Memory Care Cost?
The cost of Memory Care at Cottages at Palm Beach depends on the individual’s needs and required level of care. Before a new resident moves in, we conduct a comprehensive assessment to ensure we tailor our services to provide the best possible support and value.
Our all-inclusive monthly fee typically covers:
- Housing: Comfortable and secure accommodations
- Meals: Delicious, chef-prepared meals served daily
- Care Services: Personalized assistance with daily activities, medication management, and more (based on assessment)
- Housekeeping: Regular cleaning and linen services
- Activities & Programs: A vibrant social, recreational, and wellness calendar
Request a Personalized Assessment
Memory Care vs. Homeownership: A Cost Comparison
Many families are surprised to discover that the “all-inclusive” nature of Memory Care can often be more financially predictable, safer, more life-enriching, and less burdensome than the ongoing costs of homeownership for their loved one. When comparing, consider these everyday expenses associated with maintaining a home in Palm Beach County:
- Mortgage or Rent Payments
- Property Taxes
- Home Insurance
- In-home Care
- Utilities: Electricity, gas, water, internet, cable, trash removal
- Home Maintenance & Repairs: Unexpected expenses for plumbing, roofing, appliances, landscaping, etc.
- Groceries & Meal Preparation
- Transportation Costs
- Out-of-Pocket Healthcare Expenses
- Social & Recreational Activities
At Cottages at Palm Beach, our comprehensive services help save families time, stress, and often money by consolidating various expenses into one predictable monthly fee. This allows residents to enjoy their golden years with dignity and joy.
Ways to Save on Senior Living Costs
Cottages at Palm Beach helps families manage affordability with:
- Veterans Discounts: Reduced community fee for Veterans.
- Long-Term Care Insurance: Accepted for Memory Care.
- Resident Referral Program: Special offers may be available—please call for details.
State Assistance Programs
We participate in Medicaid and PACE (Program of All-Inclusive Care for the Elderly) to help eligible residents.
Local Resources
We partner with a wide variety of referral agencies, tailoring support to each resident’s individual needs.
Next Steps: Plan Your Future
with Confidence
We invite you to experience the warmth and quality of life at Cottages at Palm Beach.
Our dedicated team is here to guide you through every step of the process. We will help you explore available financial options, answer your questions, and ensure you feel confident and secure in your decision.
