Compass

This Retirement Expense: $100,000 Annually and continuing to rise (10/24/18)

 

While the U.S. inflation rate was 2.1 percent for the first half of the year, the cost of a one-room assisted living facility grew by 6.67 percent from 2017 to 2018, Genworth Financial says.
A growing number of older adults need specialized care, and there is a shortage of skilled workers — both of which raise care expenses. This retirement living expense has no where to go but up! Read the full article here.