St. Lawrence Council 2950
Utica KofC

For the Unexpected

Record numbers of people are living well into their 80s, 90s...and even past the age of 100. That translates into more time to do the things you want to do, to spend time with the people you love. It also poses new challenges.

In aging, you change in some familiar ways — and some ways that might be completely unexpected. In your 60s and 70s, tasks and activities that you once performed routinely or with ease might become increasingly difficult. And, over time, you may need more and more assistance with such activities. You might also experience a sudden, acute need for such help after a debilitating illness — such as stroke.

Everyone is potentially at risk. A 2005 study1 found that 69% of people turning 65 years of age will need some long-term care before they die. Woman are at a higher risk than men with 79% of women turning 65 years of age needing some long-term care and 58% of men turning 65 needing some long-term care. Among those turning 65 years of age, 44% will need less than 1 year; 30% will need 3-5 years; 12% will need 5 or more years. On average, private nursing home care can cost upwards of $78,000 per year.2 You may be able to manage with at-home nursing care. Yet this option, too, can be quite expensive: such services can cost over $55,480 per year in the U.S.3 for eight hours of service, 365 days a year.

These figures can be expected to increase over time. 40% of those receiving Long-Term Care services are adults between the ages of 18 and 64.4


1 Peter Kemper et al, Long-Term Care over the Uncertain Future: What can Current Retirees Expect?, Inquiry, Volume 42, No.4, Winter 2005/2006, pp. 335-350.

2 2007 Nursing Home Cost Survey, MetLife Mature Market Institute, September 2007.

3 2007 Home Health Care Cost Survey, MetLife Mature Market Institute, September 2007.

4 1999 Conning And Company, LTC; Baby Boomer or Bust 1999.

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