{"id":1151,"date":"2021-08-30T10:24:58","date_gmt":"2021-08-30T10:24:58","guid":{"rendered":"https:\/\/foxiz.themeruby.com\/default\/?p=1151"},"modified":"2024-03-26T09:48:21","modified_gmt":"2024-03-26T09:48:21","slug":"long-term-care-needs-among-retirees-varies-widely-new-research-shows","status":"publish","type":"post","link":"https:\/\/ngvprakashnews.com\/?p=1151","title":{"rendered":"Long-Term Care Needs Among Retirees Varies Widely, New Research Shows"},"content":{"rendered":"\n

Long-term care needs among retirees varies widely, new research shows.\u00a0One strong indicator of whether long-term care will be needed is whether a person is healthy in their late 60s<\/strong>, the study says. Married individuals are more likely to avoid such care than their single counterparts.17 Sept 2021<\/p>\n\n\n\n

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More from Personal Finance:<\/strong><\/h2>\n\n\n\n

A strong indicator of how much assistance a person will need? Whether they are healthy in their late 60s, according to the study.<\/p>\n\n\n\n

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Who has health has hope and he who has hope has everything.<\/figcaption><\/figure>\n\n\n\n

Additionally, being married translates into less likelihood of needing long-term care, the research shows. For women, 19% of those who are married will need none at all, compared with 14% of those who are single. For men, 17% need no support if they are married, compared with 13% who are unmarried.<\/p>\n\n\n\n

The uncertainty of long-term care is a challenge when it comes to retirement planning, experts say. In other words, it can be tricky to determine how to prepare for an unknown cost.<\/p>\n\n\n\n

Median cost of long-term care from 2004 to 2020<\/h2>\n\n\n\n

\u201cThere are no good answers, only lousy ones,\u201d said certified financial planner David Mendels, director of planning at Creative Financial Concepts in New York. \u201cSo you pick your best lousy answer.\u201d<\/p>\n\n\n\n

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To get rich never your risk your health<\/figcaption><\/figure>\n\n\n\n

Key points<\/h2>\n\n\n\n
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  • One strong indicator of whether long-term care will be needed is whether a person is healthy in their late 60s, the study says.<\/li>\n\n\n\n
  • Married individuals are more likely to avoid such care than their single counterparts.<\/li>\n\n\n\n
  • While it\u2019s tricky to prepare for an uncertain cost, there are several options available.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

    Long-term care needs among retirees varies widely, new research shows.\u00a0One strong indicator of whether long-term care will be needed is whether a person is healthy in their late 60s, the study says. Married individuals are more likely to avoid such care than their single counterparts.17 Sept 2021 More from Personal Finance: A strong indicator of…<\/p>\n","protected":false},"author":2,"featured_media":2347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[46,88,89],"class_list":["post-1151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-exercise","tag-wellness","tag-workout"],"_links":{"self":[{"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1151"}],"version-history":[{"count":1,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1151\/revisions"}],"predecessor-version":[{"id":2348,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1151\/revisions\/2348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=\/wp\/v2\/media\/2347"}],"wp:attachment":[{"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ngvprakashnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}