FACING LONG-TERM CARE REALITY
According to a recent poll examining the issue of how people over the age of forty are preparing for old age, most seem to vastly underestimate their need for long-term care. Three out of ten people polled indicated that they would rather not even think about old age. Only 25 percent revealed that they will require help caring for themselves when they become seniors. And despite the fact that more than half of those surveyed said they had already served as caregivers for disabled friends or family members, their outlooks remained unchanged. Most expect their families to take care of their future care needs even though only four in ten had ever broached the subject with their families.
NOTE: It becomes increasingly important to give careful consideration to long-term care insurance the closer a person comes toward age 60.