It may be uncomfortable to talk about Long-Term Care, but planning ahead is vital. We wanted to share some figures. More information can be found at resource links.
People 65+ who will need LTC at some point in their lives. (U.S. Department of Health and Human Services, www.longtermcare.gov, 11-2012)
Amount that informal caregivers contributed in unpaid assistance caring for adults aged 50+ in 2011, and
That’s the # of caregivers who contributed to that $375 billion figure. 18+, in the U.S. (assets.aarp.org/rgcenter/ppi/ltc/i51-caregiving.pdf)
Average cost projected for 3 years of Long Term Care in 30 years. (Genworth 2013 Cost of Care Survey, conducted by CareScout)