Archives for Long Term Care

5 Things to Know About Long-Term Care

November is long-term care (LTC) awareness month. Here are five things you should know.   There are different types of facilities providing increasing levels of care.1 If you hear the words “long-term care” and automatically think “nursing home,” you should know that long-term care encompasses a wide range of options and a progression of choices. The most self-sufficient seniors might live in independent retirement living facilities, while assisted living often adds medication management, daily personal care, meals and housekeeping. Continuing care retirement communities (CCRCs) offer a tiered approach so that seniors can transition on site as they require more services.
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Categories: Long Term Care.

5 Things You Should Know about Long-Term Care

Do You Have a Long-Term Care Plan in Place? Long-term care (LTC) isn’t something anyone likes to think or talk about. After all, no one wants to be a burden to their family, or be forced to move into a nursing facility because of incapacitation. But at Dupont Wealth Solutions, we believe having a long-term care plan in place is crucial—even if you never need it. Here are 5 things you should know: 70% of people turning 65 will need some type of long-term care in their lifetime.1 Even though 70% of retirees will need some sort of long-term care,
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Categories: Long Term Care.

November is LTC Awareness Month

With November designated as “Long-Term Care Awareness Month,” here are some important facts you should be aware of when it comes to planning for long-term care:   70% of people over age 65 will require some type of long-term care services during their lifetime. (Source: 2015 Medicare & You, Centers for Medicare & Medicaid Services)   78%of adults receiving care at home rely on family and friends as their only source of care. (Source: National Family Caregivers Association.)   The average length of a nursing home stay is 835 days—or more than two years. (Source: Centers for Disease Control and
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Categories: Long Term Care.