Date: Sat, 25 Aug 2007 04:10:56 -0500
From: "nomail1983@hotmail.com"
Newsgroups: misc.invest.financial-plan
Subject: Re: "Typical" long-term care cost estimates?
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On Aug 21, 4:08 pm, Avrum Lapin wrote:
> In article <1187707900.575130.148...@r34g2000hsd.googlegroups.com>,
> Assisted living just east of LA county $1800-$2500 per month
> Non skilled nursing home at least twice that
Oops! In a previous response (which has gone through the moderator
yet), I said that you estimate was low and that the national average
was $70K to $114K, citing a Fidelity retirement planning tool. I
pressed "submit" before double-checking the Fidelity site. As it
turns out, I remembered the low end incorrectly. It is $42K. My bad!
But I think it is assisted living costs, not nursing homes, that I am
interested in. So your range above is useful to me. Thanks.
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