tag:blogger.com,1999:blog-956217021696286088.post144406369126015964..comments2023-09-27T10:00:44.385-04:00Comments on Aging with Grace CareConnection: Will you outlive your money?Patricia Gracehttp://www.blogger.com/profile/00343864669829413083noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-956217021696286088.post-33977665307853583672012-10-23T06:32:33.333-04:002012-10-23T06:32:33.333-04:00I agree with what Britt has said that “As people a...I agree with what Britt has said that “As people age into their 80s, it increases the amount of money they need to survive." Health declines as people grow much older, they become more vulnerable to life-threatening diseases and thus they have a big chance of moving to facilities or receiving care at home. But you need to understand that it can be very expensive to move to facilities like nursing homes and assisted living facilities. It's much cheaper to receive care at home but if you haven't saved enough money then this will become a big problem for you. What people should do is research about <a href="http://www.youtube.com/user/longtermcareinfo" rel="nofollow">long term care insurance premiums and benefits</a> and apply as early as possible. This is the best way to avoid expensive long term care expenses in the future and also to protect your assets. Without coverage like this I doubt if you can outlive your money. <br />Melissa Rileynoreply@blogger.com