At least 70% of people over age 65 will require some form of long-term care services and support during their lives. That could mean receiving care at home, in your community or at a senior living residence that provides assisted living or nursing care.
Paying for these expenses can be daunting, especially as the cost of care continues to rise nationwide. Depending on the level of care you need and your location, you could face costs1 ranging from nearly $45,000 a year to more than $90,000 a year.
Learn about 3 funding solutions for long-term care: