(Insured Retirement Institute )
(MassMutual’s “State of the American Family: Families, Financial Attitudes and Planning — Hispanic Findings”)
(Insured Retirement Institute study)
(COUNTRY Financial survey, November 2011)
Nursing home costs average $80,000 per year, with home care rising to $30,000 and assisted living in excess of $40,000.
(2012 national average; regional averages could be much higher)