Topic: cost of care

Navigating the Overwhelming Options of Long-Term Care

We are growing older as a nation. Since 2011, baby boomers have been turning 65 at an average rate of 10,000 per day, a trend that will continue until 2030. And we are living longer. Fortunately, we are also healthier and more active than past generations.

However, according to the Administration on Aging, 70 percent of people turning age 65 can expect to use some form of long-term care during their lives. Thirty-five percent will spend some time in a long-term care facility, such as a nursing home or assisted living community.

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