Examples of what can happen to those not prepared for their long-term care needs. Myths and Facts.
Life expectancy is on the rise.
One out of five Americans over the age of fifty is at risk of needing LTC in the next 12 months. Forty percent of the 13 million Americans currently receiving LTC are between the ages of 18 and 64. By 2050, the ratio of seniors to working age people will double from current levels. After 2021, the population in nursing homes is expected to mushroom. This is the year the oldest baby boomers will be 75.