Long-term care is a vital issue for Florida families. Concerns about nursing homes and assisted living communities have people carefully considering their options. Costs are a significant concern because elder care is expensive. Senior care can burn through savings and assets very quickly. In addition to healthcare, long-term care planning can help you plan for other needs such as prescriptions and medical devices,
Long-term care planning lets you weigh your options and discuss your family’s needs. Seniors live longer and want to remain in their homes with their spouses. Choosing options that include these factors and others will help make aging less stressful.
Preparing for the future offers greater independence
It’s challenging to envision a time when you might need help caring for yourself or a loved one. Married couples with moderate incomes might not have enough saved to care for each other later in life.
Long-term care planning allows you to face challenges head-on and minimize them through preparation. People are healthier now and can take care of themselves independently well into their 80s and 90s.
Healthy people still need to consider long-term care planning for big chores like housekeeping and yard work. Chronic illnesses such as dementia require greater care at much higher costs. Understanding long-term care policy exclusions will help you decide on the right plan.
Early planning helps you have the quality of life you want
When you have a say in how you want to spend your retirement years, you feel more empowered. Long-term care planning gives you the freedom and ability to choose the life you want. An excellent long-term strategy will give you the respect and dignity you deserve.