Tag: Long Term Care Costs

According to government statistics, a person who turns 70 years old today will have a 70 percent chance of needing long term care, at some point, during their remaining years. Women, on average, receive 3.7 years of long-term care, while men receive 2.2 years. Moving into a long-term care home or facility can be daunting.… Continued

Millions of Americans live in nursing homes, assisted living facilities, or have an in-home caregiver. In fact, according to the Institute on Aging, 1.3 million Americans live in nursing homes, with millions more utilizing assisted living or home care and, by 2030, 20 percent of the population will be 65 or older. The chances are… Continued