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Generally,
long-term
care is the
care people
need when
they can't
perform the
tasks of
ordinary
living
independently.
It isn't a
subject that
most of us
care to
dwell on.
Planning for
long-term
care
expenses is
crucial.
Failure to
plan can
cause you to
be
unprepared
for the high
expenses of
long-term
care.
As you plan
for
retirement,
you ask
yourself
questions
about how
you'd like
to maintain
your
lifestyle,
your
independence
and your
health.
Similar
issues are
at stake as
you plan for
the
possibility
of long-term
care
expenses.
Like
retirement
planning,
long-term
care
planning can
determine
whether
you'll be
able to make
choices
based on
your quality
of life
preferences
or based on
financial
necessity.
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The
number
of
individuals
providing
care
to
someone
age
18
and
over
is
growing.
According
to
Caregiving
in
the
US,
a
survey
conducted
in
2005
by
the
National
Alliance
for
Caregiving
and
AARP,
21%
of
the
adult
U.S.
population
are
caregivers |
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