Long Term Care / longevity / qualified longevity annuity contracts

Will you need long term care in old age?

 “Seventeen percent of 65-year-olds will need no long-term care. Almost one-quarter will develop severe needs, requiring many hours of help for more than three years.”

“Most older people will fall between those poles, with 22 percent having only minimal needs. The largest group, 38 percent, can expect moderate needs — like support while they recover from a heart attack, after which they can again function independently.”

Tallying the Cost of Growing Older


Source: Financial Planning for Women