11/04/2025
Making Senior Living Affordable: How Sinceri Creates Value Without Compromise
Quality senior living shouldn’t just be for those with unlimited resources. That’s why, at Sinceri Senior Living communities, we make sure our affordable senior living options for independent living, assisted living, or memory care never compromise on quality. It’s also why we offer personalized support and exclusive financial educational resources designed to benefit your well-being as well as your budget.
Wondering whether it’s more affordable for you or your loved one to stay at home or move into a senior living community? How about which funding options are available to you and how you can qualify for them? Well, we’ve got you covered! Here’s a short guide to navigating senior living financing, provided by Sinceri.
Quality, Affordable Senior Living
While cost-effective, Sinceri communities are also designed to provide exceptional quality of life: engaging activities, a variety of wellness programming, social events that enrich daily life, enjoyable dining experiences, and comfortable and secure living spaces. And our compassionate team members are here to support residents’ physical and emotional well-being through personalized care and meaningful social interactions.
All Sinceri Senior Living Communities charge monthly rent based on the amenities offered, in addition to the apartment floor plan residents select. The amenities covered typically include basic services such as resident programming and activities, dining services, housekeeping, utilities, and transportation.
Financial Tools for Calculating Costs
At Sinceri, we’ve created a range of financial education resources to help prospective residents and their families navigate the world of senior living financing. On our Financial Resources page, you’ll find helpful guidance on veterans’ benefits, a cost comparison worksheet, advice for understanding Medicare and Medicaid, information on tax deductions for senior care, and a monthly expense calculator. In addition to private health insurance, residents often explore funding options like:
- Veterans’ benefits: The Aid & Attendance Benefit, administered through the U.S. Department of Veterans Affairs, helps veterans and their surviving spouses afford expenses related to long-term care.
- Long-term care (LTC) insurance: For policy holders 65 and older and in good health, long-term care insurance can pay for care that is not typically covered by insurance, Medicare, or Medicaid.
- Reverse mortgage: Homeowners can convert part of their home equity into cash, then repay the loan when the home is sold.
- Life insurance conversion: Allows you to turn your life insurance policy into a pre-funded account that disburses a monthly payment, which can pay for long-term care.
- Life settlement: Selling your life insurance policy to a third party for a lump sum greater than the policy’s cash surrender value (but less than the full benefit).
In addition, Sinceri’s comprehensive Family Funding Guide offers information on available funding resources and affordable senior living. We’ve also partnered with Second Act Financial Services to help prospective residents and their families manage retirement banking and understand the complexities of senior living financing.
Weighing Your Financing Options
Many people are under the mistaken impression that senior living is always more expensive than at-home care. In fact, in maintaining a home, older adults face a wide range of monthly expenses, including rent or mortgage payments, property taxes and insurance, groceries, utilities, transportation, maintenance and home repairs, housekeeping, gym memberships, recreation, yard maintenance, and at-home care assistance.
In comparison, like many senior living communities, Sinceri communities require a single monthly charge that covers everything: your suite, apartment utilities, 24-hour personalized care, medication management, meals, laundry, activities, and transportation. Sinceri also charges a one-time fee to cover intake expenses, including clinical care needs assessments, obtaining necessary orders and paperwork, and preparing the resident’s room.
Throughout the move-in process, our Sinceri team maintains transparent communication to ensure there are no surprises. And with our flexible pricing models, we aim to meet your or your loved one’s needs while also considering your unique financial circumstances. Sinceri also offers shared senior living, or companion living, where residents can share an apartment with a friend, roommate, or spouse, another cost-effective option for families.
Ready to Learn More?
At Sinceri Senior Living communities, our team members connect with residents just like family, while offering enriching programs and activities, opportunities for social connection, and personalized care that fits your or your loved one’s health and wellness needs—all at a price that works for your budget.
Take the first step toward affordable senior living by downloading our free guide, A Family Guide to Funding Senior Care and Housing, to learn more about senior living funding options and financial assistance. For more details on pricing at Sinceri communities, contact one of our senior living experts.
