Retirees are Underestimating the Cost of Nursing Care or Assisted Living

MetLife estimates that nursing home semi-private rooms cost an average of $81,030 per year, while private rooms go for $90,520. Both men and women are about equally naive about nursing home costs…Nursing care is essentially double the cost of assisted living…nursing home costs rise about 4.5 percent to 6.5 percent each year. Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

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