Long term health care is getting more expensive, as fewer people wabt to become long-term health care nurses.
But in a report released today, the annual cost of care in
A private bedroom at a nursing home will run you nearly $50,000.
A private bedroom in assisted living is around $24,000.
But in the next 30 years, the projected cost of that same room in the nursing home will be $186,000 in
More than triple the amount.
The room in assisted living will be $89,000.
For more on the Genworth Financial study, click here.