We are living longer than before, that comes with a price. We will eventually need some sort of expensive long-term care.
It is shown that at least 75% of people over 65 will require some sort of Long-term care at some point in their life. The average cost of a nursing home in Michigan is over $8,000 a month, yearly that comes out to over $96,000.
If you or a loved one is living in a nursing home, how will this cost affect you? How will you pay for this without exhausting your life savings?
I have been helping clients save money on the cost of nursing homes.