The Real Cost of Long-Term Care in Retirement
It’s not easy to think about, but more than half of retirees will need some form of long-term care during their lifetime — and it’s not cheap.
Here’s a snapshot of what long-term care can cost:
Home health care: $4,500–$6,000/month
Assisted living: $4,000–$7,000/month
Nursing home care: $8,000–$12,000/month or more
These expenses can quickly drain retirement savings, especially if care is needed for multiple years. And remember: these costs are often not covered by standard healthcare programs after 65.
That’s why planning early matters. Whether it’s looking into long-term care insurance, building a savings cushion, or integrating annuities with care benefits, the right strategy can protect both your finances and your family.
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Key Takeaway: The cost of care can be overwhelming — but it doesn’t have to catch you off guard.
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We’re here to help you explore solutions that fit your lifestyle, budget, and future goals. Let’s talk today — there’s no cost to meet with one of our caring retirement professionals.
