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- Step 1: Acknowledge the challenges associated with long term care in Connecticut
- Step 2: Explore the various long-term care options and funding sources available to Connecticut residents
- Step 3: Evaluate the pros and cons of the various long term care options in Connecticut
- Step 4: Take action providing for possible long term care needs
- Step 5: Review your family circumstances and changes in long term care each year
- AARP Online Groups on Caregiving and Aging - Resources for concerned children and spouses
- Alzheimer’s Association - Information and resources for families coping with Alzheimer’s and dimentia
- Caring For Your Parents Handbook - Handbook published by the Public Broadcasting System
- Conn. Partnership for Long Term Care - News and resources from joint state government and private industry program.
- Family Caregiver Alliance - Information, Advice and Support for Caregiving
- National Alliance for Caregiving - Provides support for family caregivers
- National Council on Aging - Case studies, news, and resources from a national perspective.
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Jul
14
In a recent Smart Money article on the web, the task of evaluating the cost/benefit of purchasing long term care insurance just got easier.
Two online calculators can now be used to determine if long term care is the right choice for you. The first calculator allows you to input information that will caluculate whether or not you currently have enough money being set aside for the potential costs of long term care.
The second calculator will allow you to determine if the value of insurance benefits received from a policy outweigh what may already be being invested to cover long term care expenses.
These two tools are easy to use and will provide you with some insight as to the overwhelming need to plan ahead. It is a great starting point that may encourage you to become more educated about the issue and take proactive steps to ensure you are prepared for the future.
Click here for the link to the online tool.
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