4 Things You Should Know Before Deciding on Long-Term Care

By Chris Orestis

Today is a good time for those who haven’t yet reached retirement age to begin considering some key factors related to health scenarios they might face later in life.

“The bottom line is none of us knows ahead of time what our health will be in our 60s and beyond,” says Chris Orestis, Executive Vice President of GWG Life and author of the books Help on the Way and A Survival Guide to Aging. “Will you need long-term care? If so, to what degree, and how will you pay?”

Statistics suggest that long-term care could very well be in your future. Seventy percent of people over age 65 will require some type of LTC services during their lifetime, according to the U.S. Department of Health and Human Services.

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