 I would recommend a five-year term. And here's why. The average length of stay in assisted living is two and a half years. And again, it depends on which report you look at and what research. That's about two and a half years. The average length of stay in long-term care, also known as a nursing home, is guess what? About two and a half years. So you put both of those together and there is your five-year term.