How to Pay for Memory Care: Financial Options for Families

By the Arbors Memory Care Care Team  |  Reviewed by Jenni Bost, Radiant Senior Living  |  Published:   |  Last Updated: October 20, 2026 Most families pay for memory care through a combination of private savings, long-term care insurance, VA Aid and Attendance benefits (for eligible veterans and surviving spouses), life insurance with accelerated death benefits,