Generally speaking, we Americans live longer than we ever have. As a result, our need for long-term healthcare continues to increase. The cost of assisted living or nursing home residency in our area currently runs between $40,000 and $90,000 per year. Living at home can decrease that cost, but sometimes living at home actually requires most expensive healthcare. Within 25 years, the cost to live in a nursing home, even with a roommate, could exceed $200,000 per year. Many people have sacrificed a lot to save for retirement and to have some money to pass on to their kids and grandkids.