Most people put off long-term health care planning as long as they can because it’s can be uncomfortable to discuss. It forces us to deal with difficult issues that we may not feel ready to think about: aging, quality of health, and potential loss of independence.
Through planning, you can place all these difficult questions on the table now – when you can best deal with them — instead of waiting until it’s too late, and give yourself peace of mind.
Long-term health care can be as simple as assistance with tax preparation or as in-dpeth as admission into nursing home facilities. It can include daily assistance with living activities such as eating, bathing and dressing. These activities may be provided at home by paid caregivers, such as home health aides, by family members or friends, a nursing home, or an assisted-living facility.
With all of these choices, you need to think through not only the financial implications of your decision – but also your actual needs in terms of living, health care and lifestyle choices.
That’s why it’s important to understand the decisions you face and the options available. An EFG advisor can guide you through the maze of longterm health care planning, saving you time, money and anxiety; call us today.