Viewing by month: October 2008

Straight Talk About Long-Term Care

Today 40% Of Caregivers Are Men

Long-Term Care is the type of assistance that a person of any age needs when that person becomes unable to perform basic activities such as bathing, dressing, eating, toileting, continence or transferring.  It is also the best option for a person who needs care bacause of Alzheimer;s disease or any other form of memory loss.

Long-Term Care is NOT nursing home care for the 85 year old.  It's not a place, it is an event!

Some Food For Thought:

1.  Today 43% of people receiving Long-Term Care are not seniors but people between the ages of 18 and 64.

2.  Today 40% of all caregivers are male.

3.  Today 52% of all working males are caregivers for a person over age 18.

Long-Term Care Insurance will help you to:

1.  Protect your retirement savings.  Do you want to pay for care with money from your portfolio or your 401K?

2.  Maintain independence and allow choice as to where you or a family member will receive care.

3.  Avoid physical, financial and emotional stress, whether you become the caregiver or the care recipient.

4.  Pay for better care for a longer period.

Purchasing Long-Term Care Insurance is a decision to keep  yourself (or a loved one) out of a nursing home and from  moving in with your kids.

Think of Long-Term Care Insurance as a pair of shoes.  You purchase them for protection and comfort so you can go the distance in style; without them, you are going nowhere!

I welcome your comments!