8 Independent Living Facilities in Franklin Lakes, NJ
The independent-living program offers seniors comfort while preserving their independence. Seniors who don’t need help in activities of daily living (ADLs), and like to participate in social activities, can benefit from an independent living community. Meals, housekeeping, laundry, and enjoyable activities are usually provided to seniors in an independent living complex. The community care professionals and staff can aid with transportation, cleaning, and medication management on request.
Complete Guide to Independent Living
There are 8 independent living communities in the Franklin Lakes area. If you’re looking for right independent living in Franklin Lakes, our local senior advisors can help you every step of the way. From affordable choices for seniors to luxury options, we’ll work with you to understand the cost of independent living in Franklin Lakes. Then we’ll show you the best independent living communities suitable for your lifestyle, interests, and budget in Franklin Lakes.
Explore our listings to compare the amenities, floor plans, and services available at each residence. To speak with one of our Family Advisors about independent living options and costs in Franklin Lakes, call +(877) 409-0666 or get in touch through info@boomershub.com.
You may also take into consideration Independent Living facilities in nearby cities like: Waldwick, West Milford, Cresskill, Norwood, Teaneck, New York, New City, Tuxedo Park.
See The Best Independent Living Facilities around Franklin Lakes
Cost of Independent Living in Franklin Lakes, NJ
The annual cost of independent living communities across the USA can range from $12,000 to $42,000. The cost variations depend on the amenities, home size, and cost of living in the area. The average cost of senior independent living in Franklin Lakes is $5213 per month, which is 18% than the New jersey average of $4760. And if compared to the national monthly average of $2795, Franklin Lakes retirement community cost is 6,346
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Weather and Climate in Franklin Lakes
Seasonal Temperatures: Franklin Lakes has a typical summer high of 84°F and a winter low of 20°F. And the yearly rainfall here is about 50 inches, while the snowfall is around 26 inch(es) on average.
Air Quality: The Average air quality index rating is usually 63, which is higher than the national average of 58.The index rating at or below 100 is considered satisfactory.
Hospital Services in Franklin Lakes for Elderly People
The health index of 90.5 indicates resourceful quality of healthcare services available for seniors, This index is higher than than the state average of 88.4. The Franklin Lakes hospitals cater their services to meet treatment requirements of seniors and people of all ages. Therefore, you can rest assured of getting the best possible care in Franklin Lakes for any common or chronic health condition.
What Are Alternate to Independent Living Senior Care Options in Franklin Lakes, NJ?
Senior citizens in Franklin Lakes have several care options besides independent living, depending on their care level and medical circumstances. If you are looking for assisted living in Franklin Lakes, there are alternative options to choose from. At the same time there are nursing homes in Franklin Lakes, memory care in Franklin Lakes, and home care in Franklin Lakes - all of them are also the options you can explore.
Would you like to get to know more about other care options? Read this article – Independent living alternatives.
Independent Living Financial Assistance for Seniors in Franklin Lakes, NJ
Medicare does not immediately cover living in independent living facilities. But a person may demand medical care for a short period while staying there. Medicare could reimburse for that if the elderly individuals meet the qualifications. However, seniors will get regular Medicare coverage like doctor’s visits, hospital stays, and others. Qualified seniors in retirement facilities can also use their Medicaid and Veteran entitlements. It will help reduce some validated medical expenses even if independent living employees carry out them.
Finance Independent Living with Additional Schemes
A few older adults can use Social Security funds, HUD aid, Supplemental Security Income (SSI) payments, individual retirement income, or long-term care insurance to pay for independent living expenditures. An alternative for many elderly individuals to finance for their independent living accommodation is to rent out or sell their residences that they will not require.
Social Security Funds
The social security funds assist elderly individuals pay for retirement services and get disability benefits. A particular amount is deposited in social security accounts. You receive them paid when you require long-term care after retirement. You can get coverage from 2 types of funds. The first one is the Old-Age Survivors Insurance (OASI), and the second is the Disability Insurance (DI) Trust Fund. You can utilize these funds only to cover benefits you receive during senior years.
HUD Program
HUD is a program operated by the Department of Housing and Urban Development (HUD). This department develops plans and policies to meet the housing needs of the USA. The HUD's program helps low-income older adults and their families with mortgage insurance benefits to acquire their houses.
Long-Term Care Insurance (LTCI)
The LTCI services are provided to seniors receiving long-term care. Seniors can cover the cost for retirement community services through the LTCI benefits that the typical insurance does not include. In regards to the 2020 figures from the Administration for Community Living, about 70% of older adults over 65 will require LTCI benefits in the years to come. This includes assistance with ADLs, costs of chronic health ailments, disabilities, and long-term disorder like dementia.
Would you like to have broader knowledge about independent living financial assistance? Please read this article – How to pay for independent living?
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