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The GE Center for Financial Learning found that 85 percent of adults thought that they would never need long-term care. The Met Life Mature Market Institute found that 14 percent of boomers said they would need day to day assistance. Yet predictions show that 50-70 percent of people will need this care.
Further, according to Penn State Professor Peter Kemper, Georgetown University Professor Harriet Komisar and Lewin Group Consultant Lisa Alecxih, 69 percent of today's 65 year olds eventually will need long-term care. Thirty seven percent will need nursing home care or assisted living; eight percent will spend more than five years there; 11 percent men; 28 percent women.
Further, according to Penn State Professor Peter Kemper, Georgetown University Professor Harriet Komisar and Lewin Group Consultant Lisa Alecxih, 69 percent of today's 65 year olds eventually will need long-term care. Thirty seven percent will need nursing home care or assisted living; eight percent will spend more than five years there; 11 percent men; 28 percent women.
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Who Moved My Dentures? 13 False (Teeth) Truths About Long-Term Care and Aging in America
Who Moved My Dentures dispels 13 different myths about long-term care and aging in America as told through human interest stories of people the author has met through his work as a healthcare...
According to Medicare.gov about 12 million seniors will need long-term care by 2020. Of these 12 million individuals only a mere 30% will enter a nursing facility. The rest will receive long-term care in their homes and will be provided by a loved one. It is important for seniors who choose to remain at home to have a strong circle of support to help assist with ADLs.
About 1.5 million people live in nursing homes in the U.S., according to the Centers for Disease Control and Prevention. And more than 10 million Americans — mostly people 65 or older — need long-term services and support to help them with daily activities, according to the Kaiser Family Foundation.
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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.