Certainly, with the cost of nursing homes and assisted-living facilities running at upwards of $100,000 a year and with home care running at more than $45,000 a year per person in most larger states, according to a 2015 Genworth study, it is easy to see how an unanticipated multi-year residency could deplete a retirement nest egg.

Certainly, with the cost of nursing homes and assisted-living facilities running at upwards of $100,000 a year and $45,000 a year per person in most larger states, it is easy to see how an unanticipated multi-year residency could deplete a retirement nest egg.

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