People are living longer than ever, due to advances in the medical field. This means people are living longer in assisted living and care centers. The average cost of a nursing home is close to $9,000 per month.
The average cost of assisted living is $5,500 per month. Long term Care planning is about “protecting” (not hiding) your assets for your spouse and future generations. DENIAL is not a strategy. Lets be proactive and not reactive.