The overall cost of living here is less than in Montgomery Co MD or in WV. The "add ons" like entertainment, eating out, green fees, etc can drive that up. However, they are controllable.
Do keep in mind that the real crisis is likely to come if one (or both) member(s) of a couple have to go to a skilled nursing home. While Medicare will probably pay for part of a "rehab" period, a longer stay is all yours. Figure around $8000 per month. Each.
Before my parents got sick I had told them to stay liquid at least $100K (they are 91 and 90). After most of a year in nursing homes (and *with* LTC insurance), we are steadily eating thru that and I'm begining to look at the time of CD maturities.
That cost varies. In the DC area, it would be more like $10-15K each. In a rural area, it could be less (if you can find a skilled nursing facility).
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