According to data from the Department of Health and Human Services (DHHS), 70% of Americans today will require some type of long-term care, and the average person will pay roughly $138,000 for their long-term care.
Studies by the National Safety Council show that one in four people will be disabled before the age of 65 for at least a year, and nearly one out of every two people over 65 will have some form of disability. Though no one likes to think about falling ill, these numbers show that it is important that one be prepared for such an event.
