Long & Healthy
Living a long and healthy life is ideal for everyone, but unfortunately that is not always reality. In fact according the to Retirement Research at Boston College, if you are over the age of 65 and expected to retire in 2020 you can also expect to live an additional 19 years. While people are indeed living longer lives than years before this also increases your risks for long term care. This is because the older we get, the more likely we are to face challenges that can be hard to overcome alone. Age takes a toll on our bodies not only physically, but also on our minds as they are no longer as sharp as they once were. Additionally, by the year 2050 Alzheimer’s is predicted to increase to 14 million people. This means there will be countless individuals who will need help with daily activities and assistance.
Long Term Care Insurance
This is why it is becoming more relevant and important to not only have Long Term Care insurance but to make sure that if you are around 40 years old that you start considering your future now. Planning ahead for your retirement and health is very important and can make all the difference in your later years. Planning ahead can have many benefits and given the prices associated with Long Term Care Insurance, it can be beneficial to get started now. Although you cannot predict the future you can do the next best thing and that is protect it. You should assume that you will need long-term care at some point and make decisions with this assumption in mind. This means researching and become familiarized with the prices and process of long term care. Once you have done your research you should decide how you would fund your own long-term care and decide whether or not long term care insurance makes sense for you. Start researching your options for long term care insurance today.
If you or someone you love is interested in Long Term Care or Long Term Care Insurance be sure to visit: LTC TREE for more information.