Even as recently as 1900, most Americans died by age 47. These figures are confirmed by the percentage of Americans who reach age 65. To understand why, just look at the leading causes of death in the United States. In 1900, communicable diseases were the scourge of the nation. Today, most deaths are caused by heredity, lifestyle and the environment.
Old cars break down more often than new ones, and the same is true for people.
Two out of five people 65 and over will need long-term care. Half will stay in a facility six months or less, while the other half will stay an average of two and a half years. These statistics come as a shock to most of us. We'll talk more about the cost of care and how to pay for it. But first, it is important that you become familiar with the three types of care.