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DiscussionWhere do you want to grow old?
Aging Well | Last Active: Oct 15 9:41pm | Replies (267)Comment receiving replies
Replies to "I totally agree. The rents will increase 10-15%/yr. And staffing is hit and miss. Night staffing..."
It depends where you live if at home caregivers will be less or more than assisted living places. Where I live in DC you would pay a 24/7 caregiver $25 if you were lucky per hour but with an agency it could be $35. That is a lot of money.
We have a neighbor who can hardly walk but he makes do at home with 8 hours of caregiving a day for which he pays nearly $8K a month. Then he has his normal house expenses.
Lets face it if you get to the stage of needing a lot of care it is going to be expensive unless you qualify for Medicaid.