Long-Term Care Risk Greater for Women then Men.
An unexpected health-related event requiring long-term care is a risk that could impact you and your family financially and emotionally. When a loved one needs care, it’s often sudden, and the burden of providing care typically falls on a daughter, a wife or a sister. Many times, for the caregiver, the financial and emotional risk is compounded by career sacrifice and potentially health-related issues.
Unfortunately, long-term care risk may be far greater for women than men, because women face a higher probability of needing care or becoming a caregiver. This is why every woman should consider preparing for their future and encouraging their spouses, parents, in-laws and close relatives to have a plan.
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