Overall, there is a 68% chance that a senior over the age of 65 will need some kind of long-term care. However, there are a few factors that could make you more likely to be part of that 68%.
For many individuals in their 60s, they really want long-term care insurance, but it’s just too late. If that might be you, there are some alternatives to long-term care insurance that you could still be approved for.
Over 70% of us will need some kind of extended care after we’re 65. And long-term care is expensive! As in $7,000 per month expensive! So how will we pay for long-term care?