Thanks to monumental advances in medicine and healthcare, as well as an overall better quality of life in the United States, we are living longer. Although we can all expect to live longer today than our grandparents or great-grandparents did, the cost of living longer may be high. In fact, without long-term care planning, a lifetime of savings could be wiped out in a relatively short period of time.
This infographic provides an informational snapshot of long-term care – its actual costs and why New York long-term care planning is important. Though most Americans are not even thinking about it, the numbers say we should.