Long Term Care: Shocking Facts
Everyone Should Know
New Page 1"For a couple turning 65, there is a 70% chance one of them will need long-term care." - Wall Street Journal "60% of people over 75 need long term care. The average facility stay for older folks is about 3 years." - Business Week "97% of people over age 85 require assistance in the last year of life." - The LTC Report "Singles are at risk because they're usually not with someone who can properly care for them. The same is true for wives, who tend to outlast their husbands by a seven year average." "Over 50% of all people entering a care situation are penniless within one year." - Harvard University "Tax breaks for premiums highlight Washington's firm support of private insurance." - U.S. Center for Disease Control Lastly, it is important to note that nursing facility costs vary by state, from $45,000 to $200,000 per year. These figures are expected to increase at least 5% each year. 
Additional Long Term Care Strategies What Is Likelihood of Disability Duration of Disability Long Term Care - What is Right for You?
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