Long-term care

• 50 million: Approximate number of Americans who will be over 65 in ten years.*
• $85,000: Average amount a 65-year-old will need to insure against long-term care expenses.*
• 49%: Percentage of people surveyed who want help with retirement savings.**
• 44%: Percentage of people surveyed who want help with their overall financial situations.**
• 75%: Percentage of long-term care given in the United States by a family member.***
• 22.9%: Industry average for applicants between ages 60 and 69 declined due to an existing health condition.
• 13.9%: Industry average for applicants between ages 50 and 59 declined due to an existing health condition.
• 51.5%: Percentage of people between ages 50 and 59 who were accepted for coverage and qualified for preferred health discounts.

Source: AALTCI
*Source: Fidelity Investments
**Source: MetLife
***Source: Genworth Financial 2008 Cost of Care Study