from McKnight's:
A burgeoning market for assisted living and senior living facilities in
Mexico is drawing retirement-age baby boomers, according to The Dallas
Morning News.
Many factors contribute to the appeal of a Mexican retirement,
including quality of care, climate and cost, the newspaper reports. A
recent MetLife survey places the average cost of assisted care in the
U.S. at just over $3,000 per month, while many facilities in Mexico can
provide similar care for $1,100 per month, according to the newspaper.
Also, many expect that Mexican culture—one that values taking care of
the elderly at home—will be suited for the long-term care field.
But precisely because of its home-care oriented culture, nursing homes
in the country are sparse. The industry is almost entirely deregulated,
leading some to question the safety of a Mexican retirement.
A burgeoning market for assisted living and senior living facilities in
Mexico is drawing retirement-age baby boomers, according to The Dallas
Morning News.
Many factors contribute to the appeal of a Mexican retirement,
including quality of care, climate and cost, the newspaper reports. A
recent MetLife survey places the average cost of assisted care in the
U.S. at just over $3,000 per month, while many facilities in Mexico can
provide similar care for $1,100 per month, according to the newspaper.
Also, many expect that Mexican culture—one that values taking care of
the elderly at home—will be suited for the long-term care field.
But precisely because of its home-care oriented culture, nursing homes
in the country are sparse. The industry is almost entirely deregulated,
leading some to question the safety of a Mexican retirement.
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