What is the average annual cost of long-term care (LTC)? What’s the difference in cost between assisted living and a private room in a nursing home? What does home health care cost? In our ongoing infographic series, we dig into these answers and more. In our first Infographic this year we explored who needs LTC and how long they need it. In this week’s Infographic we analyze the cost of various types of LTC facilities, and the surprisingly low income we may have in paying for care.
Did you know that the median annual income for people 65 and older is only $22,887? That won’t get anyone very far in the world of LTC. That’s why it’s so important to plan ahead and look into long-term care insurance (LTCI).
If you want to learn more about LTCI head over to LTC Consumer and discover:
- -The Definition of LTCI
- -The Cost of LTC
- -The Average Cost of LTCI
- –How to Qualify for LTCI
- –Frequently Asked Questions (FAQ)
“Did you know that the median annual income for people 65 and older is only $22,887?”
You can also speak to a specialist who helps people plan for their future and protect their investments while ensuring their family never has to worry about how they’re going to pay for care. Ease your worries and start your planning today.