This post was brought to you by Genworth as part of a campaign by the Brandfluential team. All opinions are my own.
As my grandparents head towards their 80′s & 90′s, they are starting to see a lot of their friends moving into long-term care facilities. Up until this point in my life, I haven’t given much thought to what will happen to them when the time comes or what will happen to my parents in 30 years when they are heading into their 80′s & 90′s. Then I start thinking about what will happen when my husband and I need care when we hit that age and I realize I don’t want OUR kids worrying about where we’ll need to go or who will take care of us. It’s important to me that even though I’m only 36 (my husband is 45), we put a plan into place now so that won’t happen.
According to this article, when long-term care isn’t planned for well in advance, it usually becomes a woman’s responsibility. Women typically outlive their husband’s, not only making them responsible for his long-term care but trying to figure out what her own plan is going to be when she needs help, as well. When you have long-term insurance you’ll get the help that you need and not leave others (children, younger siblings, etc) scrambling to figure out what’s the best thing for you for your long-term care needs. Putting a plan into place early puts people at ease a lot more than having to worry about who is going to take care of Mom, what facility is the best, what are HER wishes and more.
I know that for some older people, they don’t want to talk about things like this or maybe they just don’t want to “burden” their kids & grandkids. Clicking on the graphic above will take you to GENWORTH Financial, where you will find tips on talking to your loved ones about this topic. Even though your grandparents or parents seem to be resistant to talking about their plans for long-term care or what they prefer to do, don’t give up! They will eventually want to talk to you about it but don’t push & don’t treat them like a child. Respect them and listen to what they have to say. Think about how YOU will want to be treated and talked to when you are their age and go from there.
Do you have a plan put in place for your long-term care? Do you know the wishes of your parents/in-laws when the time comes that they need long-term care?