Did you know that 70% of men and women over the age of 65 will need some kind of long-term care services ?

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 ! Click Here to Request a CALL BACK !