How old are you right now? You don’t have to answer that. Well, you know how old you are and whether you’re in your 40’s, 50’s, or 60’s, you might not have thought much about the cost of long-term care. Most of us who are younger, stronger, healthier, and more fit take our physical condition for granted. We have a tendency to run around, rush up and down stairs without a second thought, and even rush through various tasks that could otherwise be potentially hazardous or downright dangerous for a person to attempt if they’re in their 70’s, 80’s, or 90’s.
However, the need for long-term care could arise at any time.
You could be driving to work tomorrow or even home this evening and be caught up in a terrible accident. No one wishes that upon anyone, but these things happen all the time. Thousands upon thousands of people all across the country are involved in accidents every single day, whether they are automobile accidents, slips and falls at home, or even tripping down the stairs at work.
In the blink of an eye life can change.
If it takes months and months for somebody to recover, to regain the ability to walk without assistance, they will need support during that recovery process. A person could have a heart attack or stroke and suddenly find himself or herself unable to simply go to the bathroom without somebody helping them from a wheelchair to the toilet or into the tub or shower surround.
If you need some type of long-term care, do you know how much that will cost?
You can look around and get a general sense of the various cost differentials between nursing home care, home care support, visiting nurses, assisted living, and so on, and some of it can be eye-opening and even staggering.
Yet, for those in their 30’s, 40’s, or 50’s, the cost of long-term care in 20 or 30 years will likely be even more, especially when you consider inflation and supply and demand economics. That’s why it’s so important to consider long-term care insurance, even if you’ve never thought about the possibility you or somebody in your family may require this type of support in the future.
When you’re looking for a quality long-term care insurance policy, not only should you think about coverage for the near future, you’ll also want to make sure the policy will adjust for basic cost-of-living (inflation) increases that naturally occur.
If you or a loved-one are considering Long-Term Care Insurance Cost in Rancho Penasquitos CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.