What is the average lifetime out-of-pocket expense for older people and seniors dedicated to long term costs before they die?
Nearly a fifth of older people will incur more than $25,000 in lifetime out-of-pocket long-term costs before they die. The Retirement Project (2007) Meeting the Long-Term Needs of the Baby boomersContinuing Care Retirement Communities (CCRC) are residential campuses that provide a continuum of care from private units to assisted living and then skilled nursingcare, all in one location. CCRCs are designed to offer active seniors an independent lifestyle from the privacy of their own home, but also include the … Read More >