The loss of immediate income, reduction of lifetime earnings, and lack of career advancement from being a family caregiver cripple care providers’ own futures. And the physical, social, and emotional stresses of providing long-term care can be devastating. Cash benefits that provide payments for family caregivers can help.
According to Retirement Watch, fewer than 30% of adults have talked about long-term care. And although half of Americans over 40 believe everyone will need some sort of long-term care in their lifetimes, 75% think they won’t personally need it. Are you leaving your future to chance?
Underestimating the cost of living longer lives after retirement is one of the biggest shocks aging adults face. There are lots of choices these days, including aging in place, granny pods, and a new approach to nursing care for those who need the highest level of long-term care. Are you ready?
Rather than living a few years beyond retirement age, we’re living 20 years longer on average. With the right planning, that brings unheard of opportunities to spend those years with a sense of freedom and purpose, and to maximize our choices.