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How to pay for nursing home care Couples should engage in retirement planning that takes into account the cost of living in a nursing facility, according to this Forbes report. Retirees, researchers say, are more likely to stay in an assisted living home as they advance in age, with the odds increasing 1.4% per year, starting at age 65. The monthly cost of living in a nursing home is between $7,000 and $12,000, which means that retirees would spend at least $250,000 during their final years. Based on the U.S. Census Bureau, 70% of couples aged 65 and older only have $344,870 in net worth, indicating that they don't have enough to cover the cost of living in a nursing facility.

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