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Old October 18th, 2018, 08:49 AM
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Default Want To Retire Somewhere Else For A Lot Less $$$? Check This Out!

Want To Retire Somewhere Else For A Lot Less $$$? Check This Out!

Excerpt: Various surveys from organizations such as longtermcare.gov have found the average cost for care in an assisted living facility (for a one-bedroom unit) in the U.S. is $3,293 per month. AARP (American Association of Retired Persons) hosts a state-by-state data base of costs for Assisted Living (Private Room); the average cost is around $45,000 per year ($3,750).

Other studies have found the national average is $3,600/month, with a range of $2,525 to $5,745 per month.

Nursing homes and CCRCs either cost more per month or require a significant buy-in of cash that can range from $50,000 to $500,000 per retiree.

Undoubtedly there are U.S.-based bargain facilities out there, but the available data shows that the SE Asian assisted-living facilities listed on the FRA Retirement Solutions site cost about one-third of equivalent care facilities in the U.S.



The numbers for memory care in the US can be up to $7000/mos. and even higher. It is cost prohibitive. Look into foreign alternatives to live a comfortable life if needed. If America keeps getting more expensive and greedy, benefits keep getting taken away, wages don't keep up... what other choice is there?
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