Somewhere in your 40s or 50s you’re likely to come across a family struggling with long term care needs and cost. It might be your own family or that of a colleague at work or a family in your neighborhood.
And many of us make the mistake of saying “It won’t happen to me.”
But the rising number of family caregivers and increasing number of people using long term care services contradicts that feeling. In fact, your odds of needing long term care assistance after age 65 are about 70%.
So we’ve compiled some compelling data points to help you put the risk of long term care in perspective.