November is Long Term Care Awareness Month, which is a great
time to refresh your knowledge about long term care stats and how you can
protect your assets and your loved ones from the devastating effects of this
type of care. According to the most recent report, 70% of Americans who are 65
and above will require any form of long-term care. This means that there is a
91% chance that one spouse will need care.
It’s important to discuss your needs with your family or
your financial advisor so as to be more familiar with your options and to make
an informed decision that can pave the way for a stable and comfortable life
after retirement.
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