The High Cost of Getting Old
Posted by GIVER Staff on
The average cost of nursing care is more than $80,000 per year according to the Administration on Aging, an agency of the Department of Health and Human Services.
Home health care can be even more expensive at $20 an hour.
Medicare does not cover dental and vision costs.
A typical couple could potentially spend $285,000 on out-of-pocket health care costs in retirement.
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