Quote Originally Posted by catherine View Post
Take a look at this: 100k a year on average for long-term care

https://www.statista.com/statistics/...ces-in-the-us/

My thoughts, when I read this, is how likely are people tho have to spend down all their assets at this exorbitant rate? The answer is 25%.

https://www.elderneedslaw.com/blog/h...-nursing-homes
Wade Pfau has written several articles on Long Term Care, as an expensive "contingency" during retirement. The following link is a general introduction to the continuum of Long Term Care services. http://retirementresearcher.com/the-...long-term-care