CHICAGO - American seniors seeking to retire on the cheap have a new source of inspiration: a Texas man who plans to spend his golden years in Holiday Inn hotels to avoid costly nursing home fees. "For a combined long term stay discount and senior discount, it's US$59.23 per night," Houston-area resident Terry Robison said on Facebook three weeks ago in a post that has since gone viral. "They treat you like a customer, not a patient," Mr Robison says.
If not, they'll call an ambulance... or the undertaker," Mr Robison adds. The plan has resonated at a time when costs for retirees have skyrocketed. The annual median price of a private room in a nursing home, with trained medical staff, is now just over US$100,000, according to a report by CNBC. googletag.cmd.push { googletag.display; }); Competition is at least partly to blame, with some 10,000 baby boomers retiring each day, according to the business news channel.