Mitigating the Rising Cost of Long-term Care - Articles

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Posted by: Jarod Word on Jun 25, 2025

The ballooning cost of long-term care is an issue advisors should consider when executing a comprehensive estate plan. The average price for a private nursing home room has risen to $109,628, with states such as Alaska climbing to $361,223. Clients suffering from dementia can see costs up to 70% more than the average. A recent article in Forbes explores this trend and offers tips on how to mitigate the financial impact of paying for assisted living.