This October, we are once again celebrating Long-Term Care Planning Month! One of the main goals of the month is to encourage individuals to start thinking about their long-term plans and take action. During this month, various resources and tools are available to help seniors plan and make informed decisions. By preparing in advance, seniors can feel more in control of their future and make arrangements that align with their personal preferences.
What is long-term care?
Long-term care includes personal, social, and medical services and support. It aims to help people live as independently as possible when they can no longer perform activities of daily living such as cooking, cleaning, or managing finances.
Why do I need to plan for long-term care?
Oftentimes seniors find themselves blindsided by the need for additional care. Planning ahead of time will ensure you are able to find a senior living community that meets your needs and preferences. It's never too late to start planning, and doing so eases the burden on our loved ones.
What are some long-term care planning options?
There are several ways seniors can finance long-term care. Families who qualify can take advantage of the U.S. Department of Veterans' Aid and Attendance Program, explore Long-Term Care Insurance policies, and more. To ensure you understand all your available options, we recommend discussing plans with experienced professionals, like our partners at ElderLife Financial.
Long-Term Planning Month serves as a reminder for seniors to take proactive steps toward securing a comfortable and meaningful future. It is important for seniors to use the resources and tools available during this month to make informed decisions that align with their personal goals and wishes. By doing so, they can have peace of mind knowing that their long-term plans are in place and their loved ones are aware of their wishes.
Click the button below to schedule a chat with a community leader nearest you about finding the plan that's best for you.