Assisted Living Costs Rise 5%, Will Seniors be Forced to Look for Cheaper Options?

The average monthly cost for assisted living has risen 5%, which might drive some seniors to consider other, more economical options when it comes to long-term care, according to the 2012 American Association for Long-Term Care Insurance (AALTCI) Sourcebook. Assisted living costs an average of $3,350, reports the association, but despite the increase, more people have […]