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Living a long and healthy life is ideal for everyone, but unfortunately that is not always the case. According the to Retirement Research at Boston College, if you are over the age of 65 and are going into retirement in 2020 you are now expected to live another 19 years. People are indeed living longer than years before.
The older we get the more likely we are to face challenges that can be hard to overcome on our own. Age takes a toll not only physically on our bodies, but also our minds are not as quick as they used to be. By the year 2050 Alzheimer’s is predicted to increase to 14 million people. That’s a lot of people who need help with daily activities and assistance.
It is becoming more relevant and important to not only have Long Term Care insurance but to make sure that if you are around 40 years old that you start considering your future. Planning ahead for your retirement and health is highly important. Planning ahead can have many benefits but with the prices of Long Term Care Insurance it can be beneficial to get prepared now and make a game plan. Although you cannot predict the future you can do the next best thing and that is protect it.
Start looking and researching today what your options are for Long Term Care Insurance and start preparing for your future by planning ahead.