5 Ways To Pay Long-Term Care In Retirement

5 Ways To Pay Long-Term Care In Retirement

- in Featured, Lifestyle, Retirement
20
0

Long-term care (LTC) is expensive. Even bottom-of-the-barrel care can break the average retirement income plan. The problem is exponentially worse for married couples who face increased odds of one or both spouses needing long-term care. Depending on where you retire, the average cost of a private room in a nursing home is more than $100,000 per year. That’s today, and it will likely be even more expensive by the time you need care.

 

read more at Forbes

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Now that’s more like it. Older Americans scraping