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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 boomers55+ Communities, which sometimes may be called age qualified communities, active adult housing, age-restricted communities or age-segregated communities, are communities, with an age restriction for residence. These communities range from apartment complexes or condos, to single-family homes in a gated… Read More >
