The fact is, the number of people needing long-term care IS growing, and will continue to grow over the next three decades. Why? There are 3 major trends that are having a phenomenal impact on long-term care. The first trend, and the one with the biggest impact, is the "Aging of America." Driven by the baby boomers, this trend has had a significant impact on society at every social and economic level.
The second trend is related to the recent advances in medical science and the emphasis on healthy living. Both of these factors have a positive effect on longevity. But unfortunately, our bodies and minds will still eventually wear out, only at a much slower pace. Ironically, many health conscious people will need care for the last two decades or more of their lives.
The third trend is the change in the family structure. Family's are more mobile and geographically separated than in years past. Add to that the growing number of women in the workforce, and it's easy to see why PAID caregivers are becoming more in demand.
The evidence is there- there's good chance you or someone you love will need long-term care in the future. Do you have a plan?
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