One Nation, Under God

Planning for the Cost of Long-Term Care

Around 70 percent of people over the age of 65 will require long-term care services at some point in their life. According to the Administration on Aging (AOA), the average woman needs long-term care services for 3.7 years, and the average man needs those services for 2.2 years. The time for someone with an advanced stage of Alzheimer’s disease may be much longer. One-third of people aged 65 and older may never need long-term care support, but one-fifth will need it for longer than 5 years. Long-term care is the largest out-of-pocket health care expense for those aged 65 and older.

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