- In 2020, 12 million older Americans will need long-term care.
- $6,234: Average monthly cost for a private room in a nursing home, or $74,806 annually.
- $2,714: Average monthly cost of living in an assisted living facility, or $32,572 annually.
- $2,672: Average monthly cost of living in a not-for-profit continuing care retirement community, or $32,064 annually.
- $36 billion: Amount employees who are unpaid caregivers for their loved ones cost U.S. businesses annually in lost productivity.
Source: AAHSA