Long Term Care
This is a very complex need with a great deal of variables, making it difficult, if not impossible, for a ‘One Size Fits All’ scenario. Nursing Homes are full of people that have claimed they would never be in one. If you or your spouse do wind up in one, the costs can quickly drain your life savings at an average of $91,248 per year. If your assets are not properly protected, they are gone.
There are a variety of ways to be prepared. Contact us for a free review to determine your risk.
| Care Type | National Average Cost |
|---|---|
| Home Health Care 8 hours per week | $693 |
| Adult Day Care Weekdays only | $1,492 |
| Assisted Living | $3,600 |
| Homemaker Services 44 hours per week | $3,721 |
| Home Health Care 44 hours per week | $3,813 |
| Nursing Home Semi-Private - double occupancy room for one person | $6,692 |
| Nursing Home Private - single occupancy room for one person | $7,604 |