Caregiver Burnout Challenges Lifestyle of American Families
It is sad what is happening to American families. So many people, especially those over 60, are requiring help with activities-of-daily living. They are receiving long-term care services and supports either from family members or from paid caregivers. Sometimes both.
Since so many family members are spread out around the country, the challenges and burdens placed on these adult children, and their spouses, create stress, burden, and even financial hardship.
The Candid Caregiver says, “Burnout is a pervasive problem for family caregivers, especially those who have no time to get away from the ongoing emotional and physical demands of caring for an ailing family member.”
Prepare for Your Future Longevity
How will your family deal with your future need for long-term care when you become older? The fact is you will, at some point, require long-term care either at home or in a facility due to illness, accident, or the impact of aging. Have you prepared your family and finances for long-term care?
Plus, if you reach certain age milestones (75, 80, 85, etc.), your chance of cognitive decline increases as well. So much for longevity. Thus, the question remains, are you prepared for these challenges on your savings and your family?
Affordable Long-Term Care Insurance is about family. The guaranteed tax-free benefits from an LTC policy will pay for your choice of care in the setting you desire, including in your home.
If you require a facility, the policies will pay for adult day care centers, assisted living, memory care, and the traditional nursing home. This care is very expensive and can drain even the largest retirement accounts.
Several Options Available for LTC Planning
A variety of policy options exist. Professional case management, shared spousal benefits, unlimited total asset protection plans with death benefits, and so much more.
Today’s Long-Term Care Insurance is also both affordable and rate stable. Knowing this, why would you not want to investigate your options?
Experts suggest planning in your 40s and 50s when you can enjoy low premiums and even preferred health discounts. Start your online research by finding the current and future cost of care services where you live. You can also discover tax incentives and the availability of special Long-Term Care Partnership plans that provide additional dollar-for-dollar asset protection.
Find the Current and Future Cost of Care Where You Live
The LTC NEWS cost of care calculator is your resource. This information will help you determine the amount of coverage you and your family require to protect your assets.
It is helpful to get professional help when doing your research. There are many types of plans available, and premiums can vary dramatically. Also, every insurance company has their own underwriting criteria.
An experienced Long-Term Care Insurance specialist will provide you with accurate quotes and professional recommendations. These specialists will match your age health, family history, and other factors to find the best coverage at the best value.
Reduce the stress and burdens that your future aging will have on those you love. Long-Term Care Insurance is easy, affordable, and rate stable income and asset protection. Enjoy the peace-of-mind knowing your family will have the time to be family and not pressured into being a caregiver.