It’s a story that is repeating itself time and time again across the country. Elderly individuals build a solid retirement account, spend a few years enjoying their retirement, and then a major health crisis occurs and within a few short years, all of that money is gone and the rest of the family struggles to provide some level of in home or other type of long-term care for them.
The majority of people don’t think about the possibility that they may require any type of in home care in the future. They may plan for their retirement, putting money away every month throughout their working life, and have dreams of traveling the world and getting to do all of the things that they hadn’t been able to do before. They just don’t see that they might be one of the millions of people over the age of 65 who will require any type of long-term home health care.
However, the government estimates that approximately 70% of Americans over the age of 65 will require some form of long-term care. That’s nearly three out of every four elderly Americans and that’s a staggering number when one considers how few actually plan for this type of care need. Simply put, for those who plan their retirement, odds are that they will require some form of long-term care, which includes potentially home health care...(read more)
article found on www.homecaredaily.com