Plan For Long Term Care Today
“According to some sources, 60% of us will need long term care sometime during our lives. It is important for all of us to prepare for that day when we will need to help loved ones with elder care or we will need elder care for ourselves.”
“It is simply a fact of life to prepare financially for unexpected disasters by covering our homes, automobiles and health with insurance policies and to provide funding for our retirement. But no other life event can be as devastating to our lifestyle, finances and security as needing long term care. It drastically alters or completely eliminates the three principal retirement dreams of elderly Americans, which are:
1. Remaining independent in the home without intervention from others
2. Maintaining good health and receiving adequate health care
3. Having enough money for everyday needs and not outliving assets and income
Yet, it has been shown that the majority of the American public does not plan for the devastating crisis of needing elder care. This lack of planning also has an adverse effect on the older person’s family, with sacrifices made in time, money, family lifestyles and even affecting the family’s or caregiver’s medical and emotional health.” National Care Planning Council “ The 4 Steps of Long Term Care Planning”
Because of changing demographics and potential changes in government funding, the current generation –more-than-ever — needs to plan for long term care. If you have spent time helping a parent or loved one cope with a disability resulting from aging, you know the frustration of balancing what you feel they need to do and what they want to do. Communication is strained at times, because after all, you are the child and they the parent, yet physically and mentally the rolls have changed.
When you make directives, assignments and arrangements in advance of needing elder care, then everyone involved can follow the prearranged care plan.
What do you want your children or friends to do on your behalf?
When it comes time for them to help, what if you can’t say what you want because of a physical or mental disability? This is where a written long term care plan comes into effect.
Start your plan for long term care today. Share your plan with those in your life who will be responsible for caring out your wishes. Your written plan will ensure you get what you want and need and will relieve the burden from those you love.
Oakmonte Village at Lake Mary is a new 25-acre luxury senior living community in the heart of prestigious Lake Mary, Florida. Ideally located for ease and convenience, Oakmonte Village is within easy reach of many local Orlando amenities such as parks, walking trails, lakes, and more. For more information on our Senior Living Community contact us today.
Orlando Senior Living, Planning for Retirement & Long Term Care | Oakmonte Village January 5, 2010
2 Comments
Other Links to this Post
RSS feed for comments on this post. TrackBack URI
By Joe Kelly, January 6, 2010 @ 1:48 pm
Hi Julie,
Nice job on the blog! I am looking forward to working with you.
By Oakmonte Village, February 5, 2010 @ 12:14 pm
Thank you! Please let me know what you think of the newest postings.