November is Long Term Care Awareness Month

Many people plan for upcoming events in their life. Most however, don’t plan for one very significant event – not being able to care for themselves!

Thus, the focus of Long Term Care Awareness Month is to emphasize the importance of planning for the possibility assistance with day to day life activities will be needed in the future. Why? The probability of needing help is very high and the cost is significant to the family caregivers who have to perform complex tasks.

To help you better understand the impact living longer is having I am pleased to provide information from two sources:

  • The Long Term Care Planning guide Kiplinger’s Personal Finance magazine developed with the American Association of Long Term Care Insurance. It was published in the November 2014 issue. It can help you take steps to plan for what you want to happen you have a change in health and the kind of help you would like.

The Life Happens organization also supports this Awareness Month and has useful information and resources on their site. Note especially the tabs on this page – Who Needs – Types of Care – Getting Coverage.

Want to also provide some information about Long Term Care insurance terms  from LifeHappens.org

These easy to understand definitions may be useful.