As the global population ages, the demand for assisted living facilities rises. In fact, there are approximately 30,600 assisted living communities with nearly 1.2 million licensed beds in the United States. Assisted living provides a supportive and comfortable environment for seniors who require assistance with daily activities, such as bathing, dressing, and managing medications. One major concern for families of seniors is the cost of assisted living facilities. This article will give you a breakdown of the possible costs for assisted living facilities to help you plan your budget properly. Understanding Monthly Fees Understanding monthly fees and assessing the pros and cons of potential options is important when looking into assisted…