If you ever need long-term care, what kind would you prefer?
Apr 21, 2009 Long-Term Care Insurance, Retirement Planning
A private room in a nursing home? An assisted living facility? Or care in your own home?
In all forms, long-term care can be costly. The cost of long-term care could affect your ability to live your retirement the way you desire. Let’s look at the average national costs for 2007 according to the U.S. Department of Health and Human Services – National Clearinghouse for LTC information, www.longtermcare.gov. March 26, 2008.
- $2,714 per month for care in a one-bedroom assisted living unit.
- $74,825 per year for a private room in a nursing home
- $25 per hour for a Home Health Aide.
We may be able to help you to be prepared.
We can suggest some innovative ways to help protect your retirement assets and your retirement income from the costs of long-term care.
Call us today to learn more!
1-888-950-8376
Tags: assisted living, assisted living facility, costs of long-term care, home health, long-term care, nursing home

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