Funding Assisted Living and Memory Care in Montana: A Quick Guide

Funding Assisted Living and Memory Care in Montana

Montana’s assisted living costs $5,050/month in 2025, with memory care adding $800–$1,200.

Here are some useful ideas on how to fund it now or in future:

•  Personal Savings: Use Social Security ($1,900/month), 401(k), or pensions. Sell or rent your home (median price: $550,000) for funds.

•  Long-Term Care Insurance: Covers $150–$300/day if purchased early. Verify memory care coverage.

•  Home Equity: Reverse mortgages (age 62+) offer 50–60% of home value; no repayments until sold.

•  Veterans Benefits: Aid and Attendance provides up to $2,727/month (net worth limit: ~$159,240). Most communities offer a discount for Military as well.

•  Grants: Alzheimer’s Association Montana Chapter funds memory care.

Find the Right Community: Grace Transitions, Bozeman and across Montana.  We are a Montana-based senior placement service, helping families locate assisted living or memory care tailored to budget and needs.