No one wants to think about getting older, and we certainly don’t want to think about our parents aging. But it’s happening, slowly but surely. If you’re facing the reality that your parents are elderly, more frail than before, and facing new health problems, it’s time to start preparing for how they’ll be cared for […]
No one wants to admit they’re getting older and may need some help. Unable to live alone and take care of yourself, you might wonder if you’ll have to move in with your children or live in a nursing home. The cost alone may lower your options.
The best way to keep yourself from worrying about what you’ll do and how you’ll take care of yourself as you age, or if your health declines, is to prepare now. The sooner you can plan for your elder years, they better off you’ll be when they get here.
Getting older has plenty of perks (Senior Discounts!) but there’s a good chance, whether you remain fairly healthy or not, you’re going to need some help as you age. You may not even be able to live on your own at a certain point.
Nursing homes and home health aides all cost money. Long-term care insurance is the best option for most people to live a long life while getting the care they need.
No one thinks it will happen to them. A devastating illness, a horrible accident, whatever it may be, your life can change in an instant. One moment you’re an active person, and the next you’re sick or injured with little to no independence and in need of constant care.
Long term care insurance, unlike health insurance, isn’t meant to help cover the costs of a cure. Instead, it’s used to help cover the often astronomical costs of the care you’ll need during your illness or injury, whether it’s part of recovery or learning to live with a new normal in life.