Establish a plan for your long-term care or for that of your loved ones, with the all the information you need to make confident decisions.
Long distance, long-term care planning can be daunting. Use the three-pronged approach in this eBook to establish your needs, simplify your plan and ensure the best possible care.
Key Private Bank’s Quarterly Advisor Poll surveyed more than 147 client-facing advisors, investigating their experiences working with clients to plan for long-term care.
The costs of long-term care services are expected to continue to rise. To put those costs in perspective, consider that the median annual cost of a home health aide is $50,366, with the median annual cost of a private room in an assisted living facility being $100,375, according to Genworth Financial.
It’s no secret that people are living longer. In 2018, for the first time in history, people over the age of 65 outnumbered children under the age of five across the globe, according to the United Nations’ World Population Aging Report.
Long-term care and diminished capacity are critical topics that every family must tackle.
Taking on the role of a caregiver for a family member can happen without warning – declining health and disabling accidents are just a couple examples of unexpected events that could trigger the need.
Follow this 4-step process for developing the best caregiving plan for your family’s unique situation.