Long-term care is the kind of care you need when you are no longer able to care for yourself independently; when you need help to eat, bathe, dress, move freely or cannot be left alone. You may need this care because of an accident, a chronic medical condition or simply because you're getting older.
While most prefer not to think about it, the need for long-term care can happen at any time and at any age. Statistics show that about 60% of Americans will need long-term care at some point in their lives.1
Facing Your Employees' Concerns
A recent survey2 of attitudes about Long-Term Care report:
86% of those surveyed think that providing Long-Term Care is a big problem.
82% think it is irresponsible not to plan for one's own Long-Term Care needs.
76% say the cost of Long-Term Care would significantly reduce their retirement income and assets.
67% believe the cost of Long-Term Care is the single greatest risk to their standard of living during retirement.
But only...12% have made financial preparations for their Long-term Care needs!