* . . .Chips returns with a certain air of satisfaction on his aging face. He says . . ."http://www.americanquote.com/longtermcare.html saysThe average 67-year-old man can expect to spend $56,895 on Long Term Care, according to the American Health Care Association. A 67-year-old woman can expect to spend $124,370. Average nursing home stay is 2.5 years. 1/2 of Americans who reach the age of 65 will at some point live in a nursing home facility. Chips again: So, it seems that self-insurance against this risk is a reasonable and responsible plan for people with suitably high assets.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.