For many women, aging means a shift in their roles. Instead of focusing on being a mother or co-worker, many women now have to focus on being a caretaker. In fact, 75% of unpaid caregivers are women.*
Why do so many women end up becoming caregivers? Because women live longer than men by 3-5 years, on average. In fact, for every 56 men who live to age 85+, 100 women will live that long or longer.** Living longer often means it's up to them to care for a spouse...and then care for themselves once their spouse has passed away.
➡️ Want to talk to a real person to create a plan for long-term care? Click the button below to schedule a call with me.
Schedule a CallThe Cost of Being a Caretaker
As a caretaker, your life changes dramatically. You still have all the same personal and financial obligations that you did before, but now you're managing those obligations for someone else. Caring for a chronically ill loved one is never easy, especially if you're worried about how long you can continue providing care. That kind of worry and stress often affects your health. As a result, women caregivers have a greater percentage of depression and heart disease.
How can you keep that kind of stress at bay?
➡️ Want to talk to a real person to create a plan for long-term care? Click the button below to schedule a call with me.
Schedule a CallLong-Term Care Insurance
The situation often gets worse once your loved one passes away. Now you're on your own at the time when you need care yourself! Unfortunately, many aging women live alone - including 42% of women age 75 or older.^ In other words, who can help take care of them? That might be why 64% of long-term care insurance claims are paid to women.^^
Long-term care insurance can help make sure there's money to pay for the kind of care you need, whether it's a home health aide, an assisted living community, or a nursing home.
The first step in planning for the future is knowing what to expect. Talk to me about estimating the cost of your health care during retirement. Together, we'll put a plan in place for your future. We can talk about long term care insurance reviews, as well as life insurance policies that have long term care benefits for you and your spouse.
➡️ Want to talk to a real person to create a plan for long-term care? Click the button below to schedule a call with me.
Schedule a Call➡️ Want to talk to a real person to create a plan for long-term care? Click the button below to schedule a call with me.
Schedule a Call
*"Caregiver Statistics: A Data Portrait of Family Caregiving," APlaceForMom.com, accessed 5/9/23
**"The U.S. Population Is Growing Older, and the Gender Gap in Life Expectancy Is Narrowing," Population Reference Bureau (prb.org), accessed 5/9/23
^"2020 Profile of Older Americans," Administration for Community Living (acl.gov), accessed 5/9/23
^^"Must-Know Statistics About Long-Term Care: 2019 Edition," Morningstar.com, accessed 5/9/23