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Stock impact report

What Does Social Security Cover for Long-Term Care? [Yahoo! Finance]

Big Lots, Inc. (BIG) 
Last big lots, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: biglots.com/corporate/investors
Company Research Source: Yahoo! Finance
doubt one of the factors on your mind . Whether you choose in-home care or stay in a nursing home or other long-term care (LTC) facility, the costs are likely much more than your average bills, especially if you've already paid off your home mortgage and don't drive a car. Check Out: 6 Things the Middle Class Should Sell To Build Their Savings Read Next: The Surprising Way You Can Get Guaranteed Retirement Income for Life The average cost of a home health aide for 44 hours a week is $6,292, while moving to assisted living costs an average of $5,350 per month. If you require a nursing home facility for round-the-clock care, it can run $8,669 for a semi-private room and $9,733 for a private room, according to InsuranceBusinessMag “With the costs of long-term care rising, people living longer, and a focus on preserving generational wealth and not being a burden to your kids, we are seeing an uptick in the need for long-term care policies,” said Michael Cohen, president and CEO of Show less Read more
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