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2. How To Talk to Your Aging Parents About Assisted Living Costs

   www.aol.com/talk-aging-parents-assisted-living...

   As people live longer and the cost of senior care rises, it becomes more important to discuss with your parents the possibility of assisted living. After all, around 70% of people over 65 will ...

3. Long-term care insurance - Wikipedia

   en.wikipedia.org/wiki/Long-term_care_insurance

   About 70 percent of individuals over 65 will require at least some type of long-term care services during their lifetime. [1] About 40% of those receiving long-term care today are between 18 and 64. Once a change of health occurs, long-term care insurance may not be available. Early onset (before 65) Alzheimer's and Parkinson's disease occur ...

4. 8 Ways To Save on Your Parent’s Assisted Living Costs - AOL

   www.aol.com/8-ways-save-parent-assisted...

   As older adults age, they may need extra support. Assisted living can be an excellent solution, since residents can get help with some daily activities while still living independently. If your...

5. Retirement community - Wikipedia

   en.wikipedia.org/wiki/Retirement_community

   The monthly fees rise when further care is needed (assisted living average $4,400; nursing care average $8,200). Pay as you go: Residents pay a lower entrance fee (average $238,000), but initial monthly fees (average $2,000) increase when additional care is needed (assisted living average $4,300; nursing care average $7,700)

6. Assisted living - Wikipedia

   en.wikipedia.org/wiki/Assisted_living

   Assisted living facilities, initially established to support older Americans in their later years, have become increasingly focused on maximizing financial gains at the expense of their residents' well-being. Over the period from 2004 to 2021, the median annual cost of assisted living has outpaced inflation by 31%, increasing to $54,000 per ...

7. Social Security Cost-of-Living Adjustments Aren’t Enough to ...

   www.aol.com/social-security-cost-living...

   The latest cost-of-living adjustment decision was based on an increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W, from the third quarter of 2019 through the ...