S O L U T I O N : Buy Long-Term Care Insurance Long-term care insurance Long-term care costs Buy early, in your 50s or 60s. The younger you are, the less expensive it will be. $3,000 $7,000 a month a year $1,000 $2,000 costs to to Fewer than 8% of Americans Who has Long-Term Care Insurance? Simplifying End-of-Life Management of long-term care is paid by Medicaid... but to qualify you must spend-down your savings. 66% Who Covers Long-Term Care Costs? Many think general health insurance or Medicare covers it. Reality is neither covers traditional care . 2010 2030 2050 5.5 8.7 19 Who is Most Likely to Need LTC? Number of Americans 85 and older: . Nearly 70% of Americans over 65 will require some form of it Who will Need it? • 5.5 million in 2010 • 8.7 million in 2030 • 19 million by 2050 With more people in America living longer, the demand for long-term care is expected to rise dramatically in the coming years. Here are some key facts on a little-known aspect of End-of-Life planning. U N D E R S TA N D I N G Long-Term Care Twitter @ PassareInc Facebook facebook.com/passareinc Tumblr passareinc.tumblr.com http://bit.ly/1tlQlmm http://lat.ms/1ng0Y4p