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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