What Alarms Americans Most About Having a Long Term Care Illness ?

This article from Market Watch discusses the fears and concerns of seniors and lists helpful tools and resources for families.

When asked to identify their greatest fear regarding having a long term care illness, Americans are over five times more worried about becoming a burden on their families than the possibility of dying, according to a survey released today by Age Wave/Harris Interactive, America Talks: Protecting Our Families’ Financial Futures, sponsored by Genworth Financial companies (Genworth). Ironically, the survey also found that relatively few have even discussed with their families the kind of long term care they would wish to receive, if it were needed. The research sought to bring greater insight into why Americans avoid planning for the costs associated with living longer lives, and identified some important psychological barriers preventing them from talking about preparing for an unforeseen long term care event.

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