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long term care planning Archives

Long term care planning important to protect the family

The average Illinois resident recognizes the need to plan for the future. Thus, families plan for retirement, vacations and even death. However, one area which many families fail to address is the need for long term care planning.

What elements should be including in long-term care planning?

Long-term care is often needed as a person gets older and is no longer able to physically or mentally care for him or herself in Illinois. When the time comes, if you do not have a plan in place, relatives are often tasked with making decisions. In order for you to retain control over your life, planning is required. According to NIH Senior Health, long-term care planning should cover financial, medical and matters.

Why do I need long term care planning?

When preparing for retirement, one often overlooked topic by people in Illinois is long term care planning. It can be painful to think about what life would be like if you were unable to care for yourself, but the truth is that approximately 70 percent of adults will need this type of service during their lives, according to the Federal Long Term Care Insurance Program. Disabling injuries and diseases do not just strike the elderly, as evidenced by the fact that patients under the age of 65 account for almost 41 percent of long term care services.