Are You Old? Depends on How Old You Are

Do you feel old? Do you act old? Do you look old? The answers to those questions vary depending on how old you are when the question gets asked.

U.S. Trust had conducted a study released several years ago that shows the generational perspective on when you are old. Millennials say that you are old once you turn 59 - meaning there are a lot of 'old people' out there - perhaps you.  

Gen Xers says old age happens at age 65. The Boomers point to age 73 as the magic year you start to be old. 

So, What is Old Age?

Gerontologists have recognized that different people and experiences reflect 'old age.' But old age often refers to the age where you start getting close to or surpassing our life expectancy.

Old age also is viewed culturally differently as well. If you feel old and act old, people may view you as being old. Chronologically life expectancy has grown where more people than ever survive over age 65. 

But scientists say that old age, death, and frailty are linked because approximately half the deaths in old age are preceded by months or years of frailty and long-term health care.

Longevity Leads to Frailty and Declining Health

With advances in medical science and better diets and lifestyles, people live until their 70s and beyond, active and fit, caring for themselves. The problem is aging still is a reality, and we as human beings are not immune to declining health and aging. We start to become frail, suffer from mobility problems, and need help with daily living activities. Falls may create dependence on other people. Plus, dementia risk increases as well.

Getting older is something that happens to someone else. The younger we are, the more we tend to ignore getting old. Facing the problem of aging and long-term care when it is too late places enormous stress and burdens on our family, who often become default caregivers despite being untrained and unprepared.

Being Prepared for Being Old Happens Before We Get Old

Professional long-term health care is expensive and getting more so every year due to increasing demand for care and higher labor costs. These long-term health care costs quickly change lifestyles, drain assets, and deplete a legacy. 

The LTC NEWS Cost of Care Calculator shows you the financial strain these costs can have on people today and in the decades to come - Cost of Care Calculator - Choose Your State | LTC News.

Accept Reality

Being prepared for aging requires the understanding that getting older is a reality - no matter what age you think it happens. The ability to plan only is available to you when you are younger and still enjoy reasonably good health. 

Long-Term Care Insurance has been a godsend for many American families, providing the needed financial resources to pay for quality care options, including in-home care. In 2021 the top insurance companies spent over $12.3 Billion in benefits. 

Don't delay; most people obtain coverage in their 50s. Some people start in their 40s as well, but affordable options are available through your 70s if you have relatively good health but at higher costs. Seek the help of an experienced Long-Term Care Insurance specialist to help you navigate the many available options - Work With a Specialist | LTC News.