What Do I Need to Know Before Crisis Hits?
A Genworth Financial study showed that 7 in 10 Americans over the age of 65 will need long-term care at some point in their life. Over 90% have not discussed long-term care with their loved ones. Will you be ready if and when crisis hits? What important things must one consider?
First and foremost, it’s important to have an honest conversation. Some questions you can ask your parents are:
- What is their perspective on their long-term care?
- How do they want to live out their lives?
- What are their medical & safety needs?
- What can they afford?
- Is everyone (loved one, family, friends) on board?
Secondarily, it’s important to get some professional help. Begin by talking to:
- ADRC (Aging & Disability Resource Center)
- An eldercare attorney
- Your parents’ primary care physician
- Long-term care communities
- A geriatric care manager
While exploring professional help, you can:
- Find out where the necessary paperwork is located
- Put a plan in writing so it can be implemented at a moment’s notice