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The high cost of long-term care and the economic downturn are creating significant financial planning challenges for Florida’s elderly population, according to a newly released study by Genworth Financial.
Nationwide, the annual cost of a private nursing home room is $74,208, or $203 a day, up 4 percent a year since 2005, according to the study……
Study: Long-term care costs on the rise - South Florida Business Journal:
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