With every birthday cake and blown out candle, every person gets another year older. The aging population of America is now depending on their children and grandchildren to provide the cost of long term care in nursing homes or retirement communities across the country.
Approximately 70 percent of Americans over age 65 will require some type of long term care during their lifetime.
The average cost of nursing home care in the United States is $70,445 per year. In just three years, the cost can top over $200,000.
The average nursing home stay