What expense drives a typical older senior’s budget?
October 2, 2014 by Allison Bell
Some Americans spend a fortune on acute medical care and long-term care (LTC) at the end of their lives.
But, for typical older Americans, the true money sponge is housing costs. Americans ages 85 and older devoted 44 percent of household expenditures to housing costs in 2011, up from 42 percent in 2003. Click here to read…