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For reference elder care facility in CA Metro Area is like $20k/MO and in MA suburb is like $11k/mo. At $15k/mo you can get like 65 months of service. Not cou
by djbusby 2y ago
For reference elder care facility in CA Metro Area is like $20k/MO and in MA suburb is like $11k/mo.
At $15k/mo you can get like 65 months of service.
Not counting income from savings or SSI
- refactor_master 2y agoThat’s pretty damning if life expectancy after retirement is another 15-20 years.
- deleted 2y ago[deleted]
- alain94040 2y ago$20K/MO sounds exaggerated. A quick Google gives me Palo Alto was deemed the seventh most expensive location for assisted living in California, according to a new study by Mirador, a platform that helps people research nationwide assisted living locations. The average yearly cost of assisted living in Palo Alto is $91,177, compared to the state average of $63,927, according to the study. Source: From https://www.paloaltoonline.com/seniors/2024/10/04/study-reveals-palo-alto-assisted-living-costs-soar-above-state-rates/#:~:text=Janet%20Creelman%20and%20John%20Melton,between%20earnings%20and%20living%20costs https://www.paloaltoonline.com/seniors/2024/10/04/study-reve....
- 0xDEAFBEAD 2y agoI think the issue with elder care is about the balance of workers vs retirees, which is an problem (or will be a problem) in most developed countries.