Long Term Care
Awareness Month
Did you know that 70% of men and women over the
age of 65 will need some kind of long-term care services?
This kind of care can be very expensive and can take a toll on the family
as a whole as they try to figure out payment, roles of family members,
and other logistics of making long-term decisions for a loved one. Here’s
a list of statistics surrounding long-term care in the United States.
- 78% of adults who are
receiving long-term care at home rely solely on family and friends
for their assistance.
- The average caregiver is
a woman around 46 years of age.
- On average, the caregiver
spends about 21 hours per week assisting their patient or family
member.
- Over 90% of family
caregivers had to alter their work schedule permanently due to
caring for their loved one.
- Around 40% of caregivers
have had to switch from working full-time, to part-time.
- Close to half said they
had to skip vacation and other personal activities in order to take
adequate care of their loved one.
- 29% had to use their own
money in providing care.
- More than 10% had to move
in order to be closer to their family member in need of care.
- Around 10% had to take a
pay cut at their full-time job.
The more we understand the emotional,
physical, and economic toll that long-term care can take on loved ones,
the more we can prepare for our own futures so we don’t become a burden
to the people we love the most. Honor National Long-Term Care
Awareness Month by looking into planning for your own needs, whether that
is through long-term care insurance or other alternative plans that help
provide funding to care for you and your family.
Call me or shoot me a note for a quote !
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