As Baby Boomers, we continue to live up to our reputation of being the “generation of change.” From the creation of the suburbs, the rebirth of the feminist movement, Rock ‘n Roll, civil rights movements, political revolts, social and economic protests, to lavishing ourselves and our children to an extent not experienced in the prior generation - we have done it all!&nbs
life after retirement
For most of us the conversation isn’t whether or not we’ll need long term care, but rather when. According to the U. S. Department of Health and Human Services as many as 70% of those turning 65 years of age are likely to require long-term care, meaning that it probably makes sense to start planning for this as an eventuality rather than a possibility.
As we age, the odds of incurring an injury or major illness that will prevent us from performing simple daily functions increase substantially. Today, one in three people over the age of 65 will require assisted care of some sort. Past age 75 the odds increase to where one in two will need nursing care.