News and Views from LTC Connects

Do You Know The Cost Of Long Term Care?

Posted by Linda Horowitz on Dec 20, 2014 10:11:34 AM

As 2014 comes to a close, and the last Baby Boomer turns 50 this year, many in our country are undoubtedly considering retirement and how they want to live during their senior years. Some have spent the previous several decades considering the financial aspects of retirement, but an often overlooked area of the scenario is the cost of long term care (LTC).

The statistics on the risk of long term care are well-known; almost 75% of those 65 and older will require it at some point. But the cost of care remains a topic of much uncertainty and misinformation leading to a lack of planning and potentially devastating financial consequences.

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Topics: Long Term Care Insurance, Long Term Care Planning

Holistic Treatment For One Of The Leading Causes Of Long Term Care

Posted by Linda Horowitz on Dec 16, 2014 10:17:17 AM

A small but important study out of UCLA offers hope for those suffering from Alzheimer’s Disease, one of the leading causes of long term care. The study offers a holistic approach to treatment, including the identification of specific lifestyle interventions to reverse the progression of the disease.

The study, known as MEND (Metabolic Enhancement for NeuroDegeneration) is a blueprint on living an “anti-Alzheimer’s” lifestyle that addresses almost every aspect of a person’s day from sleep to meal timing. The results were significant generating a lot of buzz in the press.

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Planning For Long Term Care; Watch The Video

Posted by Linda Horowitz on Dec 13, 2014 11:21:12 AM

If you are like most, the thought of long term care is understandably something that you'd rather not think about.

You might be in your early 40s and planning for something that may or may not happen several decades from now is not a priority. Or you may be in your mid-50s but the knowing how much care costs is so overwhelming that you push it aside to address at a late date. 

Procrastination is a natural tendency when it comes to planning for long term care (LTC). But statistics suggest creating a plan is crucial and will allow you more options if and when the time comes that you need care. 

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Topics: Long Term Care Insurance, Long Term Care Planning

Virtual Villages; Another Way To Age In Place

Posted by Linda Horowitz on Dec 10, 2014 4:13:21 PM

Rick Cloud, a divorced 68-year-old, knew he wanted to remain in his home as he aged but didn’t know how he could do that without relying on his children.

Rick, like most of our clients, didn’t want to burden his adult children with caregiving if the time came that he needed long term care. Beyond the physical considerations, Rick was concerned about his social life; he wanted to remain active in his community and meet others his age.

These goals led Rick to establish a virtual village in his town of Austin, Texas over four years ago. Rick’s experience is detailed in a New York Times article published last month.

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Family and Long Term Care Planning

Posted by Linda Horowitz on Dec 5, 2014 9:35:00 AM

The majority of our clients come to us for assistance with their long term care planning as a result of personal experience, typically with their parents. These clients have either spent time (like many) as caregivers or have financially supported the long term care (LTC) needs of loved ones.

The challenges of LTC, in terms of time, emotions, and money, cause many to realize the LTC is a family issue and is an impetus for them to begin planning for their own care. 

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Topics: Long Term Care Planning, Long Term Care and Family

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