On this page:
* Health Status
* Financial Resources
The older you are, the more likely it is that you will need long-term care. You might also consider your family history. Did your parents or grandparents have a disability? Also consider that:
* between ages 40 and 50, on average, eight percent of people have a disability that could require long-term care services;
* while 69 percent of people age 90 or more have a disability.
Although being older means you are more likely to need long-term care, having an accident that causes a disability when you are younger cannot be predicted. Some private ...view middle of the document...
While some options require that you be in relatively good health, other options are only available to you if you are in poor health. This website’s section onEvaluating Your Private Financing Options provides more information.
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Long-term care can be costly. If you have more than $100,000 in savings that is not used as a source of income, you may be able to pay for long-term care on your own—generally at least:
* a little longer than a year in a nursing home;
* 2.5 years in an assisted living facility;
* and several years of home care.
If you have less savings, but are not poor, consider the various private financing options outlined in this website’s section on Private Financing.
If you have low income and little savings, review this website’s section on Medicaid to see whether you might be covered.
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In making decisions about long-term care, think about where you want to live and whether your home will continue to meet your needs. For example, are your bedroom and bathroom on the first floor? Are your doors wide enough for a wheelchair? This website’s sections onHousing Considerations and Planning Steps provide further information.
Are you ready to take steps towards planning? Visit this website’s Planning IQ Quizfor some ideas on easy first steps.
Relations with co-workers
The possibility of obtaining support from co-workers is an important factor in decreasing the risks associated with work-related mental health problems. On the one hand, social support allows individuals to obtain support and comfort during hard times and, on the other hand, it nurtures the sense of belonging to a mutually supportive group in which the individual feels...