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Risks
Today,
more people are living to 100 years old than ever before.
As our average age increases, so does the chance that
we will need long term care in the future.
"It
won't happen to me." This statement is common
among us. Nobody thinks "it" will happen to
them. And the odds show otherwise.
Almost
2 out of 5 people will need some form of long term care
in their lifetime. That is about a 40% risk of needing
long term care!
It
is a fact that people are living longer than previous
generations. Medications and hospital techniques are helping
people live much longer lives. This will continue to be
the case in the future. As age continues to extend into
the 80's and beyond, the chances of needing long term
care will increase.
 The
issue is no longer how long you will live, it is "what
will the quality of life be for you as you age"?
Parents can no longer depend on their children and spouses
can not help each other if one needs help standing and
sitting in their older ages. Long term care insurance
can help you keep your dignity and independence. It can
save your financial savings. Most importantly, it will
relieve much physical and emotional stress from your family
should you need help in your later years.
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