Thursday, April 20, 2006
A Fresh Look At Long-Term Care
Could you afford to withdraw $250,000 from your retirement savings to pay for one year in a nursing home? Based on current charges, that's the projected cost in 25 years, when today's 55-year-old is likely to need care. And with nursing-home stays averaging about 2.5 years, your total bill could top $600,000 -- which could quickly drain your retirement accounts, leaving you and your spouse with little savings and your heirs without an inheritance.
A Fresh Look At Long-Term Care
Source: Kiplinger
A Fresh Look At Long-Term Care
Source: Kiplinger
Permalink posted by armandn @ 10:01 AM 
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