When you feel completely healthy, you may have a hard time wrapping your head around the possibility of not being in the same condition at some point in the future. This can enter into the equation when you are planning ahead for your retirement years and the twilight years that inevitably follow.
Those who have lived healthy lifestyles may assume that they are never going to need living assistance. After all, when you make the right choices over a number of decades, you should receive some type of reward.
The fact is that you are rewarded by a higher quality of life in most instances, and a significant percentage of people who take good care of themselves live longer lives than those who don’t.
This is one of the reasons why you should budget ahead for the possibility of incurring long-term care expenses if you have entered into your retirement years in good health. Living a long life is fantastic, but those who live into their 80’s and beyond are more likely to require living assistance due to either physical or mental incapacity.
The reason why it is not a good idea to simply say to yourself that you will react if and when the situation presents itself is because long-term care is extremely expensive, and it is not easy to pull this kind of money out of your wallet.
The national average annual expense for a private room in a nursing home during 2012 has been in excess of $90,000, and it is even higher in northern California.
To find out what you can do to prepare yourself for these expenses, simply take a moment to set up a consultation with a licensed and experienced San Jose elder law attorney.