When you have always been able to handle your own day-to-day needs, it’s hard to imagine a time when you will need help with your activities of daily living. However, when you reach your 80s, life can be very different than it was when you were younger.
The United States Department of Health and Human Services has stated that 52 percent of senior citizens will incur long-term care expenses eventually. Over one third will actually reside in nursing homes, so there is a very realistic chance that you will need living assistance.