Once you are getting close to retirement and long term care, many start to stress about the cost of long term care. Not being able to afford it is one of their biggest concerns. Many surveys suggest that many people will not be prepared financially to handle the impact of growing older will have on their finances.
According to an article published by insurancenewsnet.org they claimed that, “…only half of the respondents said they plan to take personal financial responsibility for their own care as they age. The others said they would leave that worry to the government, their children or[…]