Long term care planning involves a whole lot more than buying a long-term care insurance policy, which an increasing number of people see as too expensive. Having a long-term care insurance policy may offer peace of mind, but is not a complete financial solution to the problem of getting old. The financial cost of getting
My Dad passed away last week from complications of Alzheimer’s disease. I first wrote of our family’s journey with Alzheimer’s in the August 14 blog [click here] and then again last week [click here]. In this final chapter, I share a few more lessons we have learned in our journey that can be applied universally.
My Dad—a retired pastor—has Alzheimer’s disease. Last week our family checked him into a long-term care facility. With the disease’s progression, caring for him was wearing out the primary caregiver, my Mother. Anyone who has faced this crossroads knows the anguish. However, the anguish is somewhat more bearable when the family has planned ahead. I am glad my parents have a long-term care insurance policy to help defray the considerable cost of my Dad’s care.