Financing Assisted Living by Saving, Planning and Insurance
Part of the increase in the number of people who live long enough to be of retirement age, is because life expectancies have generally increased (at least up until recently). For instance, the average U.S. life expectancy has increased from 68 years in 1950 to 79 years in 2013, according to the Population Reference Bureau cited in an article from U.S. News & World Report titled “How Should I Finance Assisted Living?” The combination of increasing life expectancies and improve