Despite the perception that long-term care insurance is expensive, the reality is policies are very affordable for most people. Plus, experts suggest ways to make them even more affordable.
All of us should prepare for the unexpected. Often, however, we don’t even prepare for the financial costs and burdens that come with aging. Help older family members prepare for disaster and help your family prepare for your future longevity.
Residents in long-term care facilities often experience grief, especially after a loss of a spouse. Many facilities work hard to provide support and social activities to make it a better environment.
Do you have coverage for long-term care at work? Probably not. Generally, people think long-term care disability is the same as long-term care. It is not. Know some of the misconceptions before you start planning.
Many of us planning for retirement also start thinking about “what do to next”? Advance planning can not only help you plan for a successful retirement and long-term care but to take something you love into a second career.
Many people suffer from allergies. As you age, allergies can complicate existing health issues. Plus, knowing if you have a cold, the flu or an allergy is important. With our longevity, advance planning is key.
The number of American’s who suffer from Alzheimer’s or other forms of dementia continues to grow. Carried service dogs can be an important part of the caregiving team. If you have a loved one who has memory loss a dog could help.
Planning for the financial costs and burdens associated is longevity is a key part of your retirement strategy. Long-Term Care Insurance is an easy and affordable way to protect savings and ease the family burden.
As we age many of us will require long-term care services. Often this will lead to facility care like assisted living or nursing home. Making the faculty less intuitional will bring less depression. Planning is key.