Retiring With Health & Wealth Legal Statements & Statistic Citations:

Here at Retiring With Health & Wealth, we are always concerned with accuracy, so when either our hosts or guests quote statistics, we double check them and cite the sources.

WINK AM
     Saturday, January 5th, 2008

Deborah Skiff stated that 37% of those receiving Long Term Care are under the age of 65; that came from a 2003 AARP report entitled Beyond 50.2003. The statistic that the average cost of a nursing home is 70,000 dollars per year came from a 2006 Genworth Financial cost of care survey. And lastly, the statistic that 90% of nursing home patients are legally destitute within the first year came from the 1994 book, How To Protect Your Life Savings by Harley Gordon.