How Much Does Long Term Care Cost?
It is impossible to predict your chances of needing long-term care, or how long you may need it. And since cost of care can be expensive, it is important to understand the financial impact a few years of long-term care can have.
Nursing Home Care: The average cost of a year’s care in a private Medicare-certified long-term nursing home room is $104,0003
Home Care: The average in-home care costs $49,920 a year for 40 hours of help per week.3 Assisted Living Care: One year in an assisted living care facility averages $57,000