Why everyone should plan for long-term care


Why everyone should plan for long-term care
  1. Why everyone should plan for long-term care
    philasun.com
    Family Features Research suggests that most Americans turning age 65 will need some form of assistance with everyday activities, known as long-term care, as they grow older. The amount of care needed will depend on many variables, including overall health, cognitive functioning and home environment. Age is a strong predictor of the need for help,... The post Why everyone should plan for long-term care appeared first on The Philadelphia Sunday…
    Pennsylvania (PA)

Family Features

Research suggests that most Americans turning age 65 will need some form of assistance with everyday activities, known as long-term care, as they grow older. The amount of care needed will depend on many variables, including overall health, cognitive functioning and home environment.

Age is a strong predictor of the need for help, and because women live longer on average, they are more likely than men to require long-term care. Factors such as a disability, injury or chronic illness also increase the chance that long-term care will be needed.

Three simple steps can help you start planning for care you may need as you age.

1. Know what to expect

Most people know they should save for retirement, but many don’t know exactly what expenses to expect. An often overlooked area is long-term care, a broad set of supports for everyday tasks like dressing or eating. While most of this care is provided by family members and friends, sometimes older adults and their families get these services from providers like home health aides, area agencies on aging or residential providers such as assisted living or nursing homes.

Understanding long-term care is the first step in creating a plan. Key things to know include:

A person who lives alone is more likely to require long-term care than one who can rely on a spouse or partner for help with daily tasks.

Long-term care is expensive and represents a major uncovered risk to your retirement savings.

Medicare does not pay for long-term care services or supports with some minor exceptions. Neither does your employer-based health insurance or Medigap.

Most people prefer to receive long-term care at home; their odds of doing so may be improved by making home modifications to reduce the risk of falls.

Many Americans say they do not want to rely on their children for care, but a lack of planning for paid care often leads to exactly that result.

2. It’s not just about you

A choice to plan or not plan will likely have a big impact on family and friends who may a…

  1. Pittsburgh’s Juneteenth Celebration 2017! With Michael Brown Sr. (Courier exclusive video) 6.17.17

    Newpittsburghcourieronline.com -  Pittsburgh
    Also On New Pittsburgh Courier: Red Carpet Rundown: 2016 Oscars 17 photos Launch gallery Red Carpet Rundown: 2016 Oscars 1. Chris Rock 1 of 17 2. Sylvester Stallone & His…
  2. The Courier at WAMO 100 Day 2017! See performances from Pittsburgh’s own dance groups!

    Newpittsburghcourieronline.com -  Pittsburgh
    Also On New Pittsburgh Courier: Red Carpet Rundown: 2016 Oscars 17 photos Launch gallery Red Carpet Rundown: 2016 Oscars 1. Chris Rock 1 of 17 2. Sylvester Stallone & His…
  3. Pittsburgh guitarist Karl Franklin performs at Schenley Park… (7.12.17)

    Newpittsburghcourieronline.com -  Pittsburgh
    Also On New Pittsburgh Courier: Red Carpet Rundown: 2016 Oscars 17 photos Launch gallery Red Carpet Rundown: 2016 Oscars 1. Chris Rock 1 of 17 2. Sylvester Stallone & His…
  4. Pittsburgh artist Jeghetto paints August Wilson mural for his hometown, with help from locals (7.15.17)

    Newpittsburghcourieronline.com -  Pittsburgh
    Also On New Pittsburgh Courier: Red Carpet Rundown: 2016 Oscars 17 photos Launch gallery Red Carpet Rundown: 2016 Oscars 1. Chris Rock 1 of 17 2. Sylvester Stallone & His…
  5. Black Pittsburghers goin’ crazy at the Penguins’ Stanley Cup parade! (6.14.2017)

    Newpittsburghcourieronline.com -  Pittsburgh
    Also On New Pittsburgh Courier: Red Carpet Rundown: 2016 Oscars 17 photos Launch gallery Red Carpet Rundown: 2016 Oscars 1. Chris Rock 1 of 17 2. Sylvester Stallone & His…
  6. Pathologist to speak at Ludwig House fundraiser

    Tribdem.com - Johnstown
    08.17 / 07:14 tribdem.com
    One of the world’s most accomplished forensic pathologists is joining the effort to save Johnstown’s Ludwig Hou…
  7. Johnstown rally set in solidarity with Charlottesville

    Tribdem.com - Johnstown
    08.17 / 07:14 tribdem.com
    Memories of the woman and two police officers who died during last weekend’s white nationalist rally in Charlottesville, Virginia, along with all individuals lost during the fight for civil rights, will be honored during a rally in Johnstown’s Central Par…
  8. Conemaugh outpatient center plans approved; Will be built on former Somogyi’s coal yard in Ebensburg

    Tribdem.com - Johnstown
    08.17 / 07:14 tribdem.com
    Plans for Conemaugh Health System’s $22 million Ebensburg outpatient center received the final green light Wednesday with approval by Cambria Township s…
  9. Thousands gather for peaceful candlelight vigil at UVA

    Gantdaily.com - Pennsylvania (PA)
    08.17 / 07:10 gantdaily.com
    Thousands gathered Wednesday night for a vigil at the University of Virginia days after violent clashes in Charlottesville led to the death of a woman during a white supremacist rally. The crowd sang, “we are not afraid,” a verse from “We Shall Overcome.” The vigil organized by students and faculty grew from word of mouth,…
  10. Costello to host town hall meeting in Lebanon, opponents set to criticize record

    Abc27.com-PA
    08.17 / 07:02 www.abc27.com
    A republican congressman set to hold a town hall in Lebanon will not get a warm welcome from his opponents who are planning a counter…
  11. Police investigate Swatara Township deadly shooting, crash

    Abc27.com-PA
    08.17 / 07:02 www.abc27.com
    Police are investigating a deadly shooting and…
  12. Where have all the leaders gone?

    Gantdaily.com - Pennsylvania (PA)
    08.17 / 06:11 gantdaily.com
    America may soon face a question of leadership. If a president is judged by a growing slice of the population to have abdicated his office’s traditional imperative to provide steady, moral and unifying authority, where does the nation turn next? The fallout of Donald Trump’s stunning news conference Tuesday has focused largely on the equivalence…
  13. White supremacist Richard Spencer denied at University of Florida

    Gantdaily.com - Pennsylvania (PA)
    08.17 / 06:11 gantdaily.com
    White supremacist Richard Spencer is running out of campuses to host him. The University of Florida shut down a request by Spencer’s group to have him speak on September 12. “Amid serious concerns for safety, we have decided to deny the National Policy Institute’s request to rent event space at the University of Florida,” university…
  14. Neo-Nazi website’s return via Russian help proves short-lived

    Gantdaily.com - Pennsylvania (PA)
    08.17 / 06:11 gantdaily.com
    Neo-Nazi website The Daily Stormer found a temporary home on the Russian internet after American tech companies refused to host it. GoDaddy canceled the website’s registration on Monday after The Daily Stormer published a derogatory story about Heather Heyer, who was killed while protesting against a white supremacist rally in Charlottesville, Virginia, on Saturday. Google…
  15. Powerball jackpot climbs to $510 million

    Gantdaily.com - Pennsylvania (PA)
    08.17 / 06:11 gantdaily.com
    Here we go again. After Wednesday night’s Powerball drawing yielded no jackpot winners, the prize climbed from $430 million to a gargantuan $510 million. The numbers drawn Wednesday were 9, 15, 43, 60, 64 and the Powerball was 4. The grand prize pool has been growing since June 10 — meaning there have been 19…
  16. Back-to-School help offered, but are families accepting?

    Abc27.com-PA
    08.17 / 06:04 www.abc27.com
    MILLERSBURG, Pa. (WHTM) — The line was out the door Wednesday at Millersburg Assembly of God, for the church’s fourth annual free bac…
  17. Free cruise robocall lawsuit settlement could mean cash for you

    Abc27.com-PA
    08.17 / 06:04 www.abc27.com
    People offered a free cruise over the phone may be in for some…
  18. Unity rally in Carlisle draws hundreds from around the region

    Abc27.com-PA
    08.17 / 06:04 www.abc27.com
    Cumberland Valley Rising organized Wednesday night's unity rally in the Carlisle…
  19. Express Scripts to limit opioids; doctors concerned

    Observer-reporter.com - Washington
    08.17 / 05:23 observer-reporter.com
    ST. LOUIS – The nation’s largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of…
  20. Wisconsin man drives himself to hospital with nail in his heart

    Observer-reporter.com - Washington
    08.17 / 05:23 observer-reporter.com
    MILWAUKEE – A Wisconsin man who doctors say came perilously close to death after accidentally shooting a nail into his heart while working on his house calmly drove himself to the hospital and even parked his pickup truck in the lot before walking into the emergency…