November 16 to 22 is Long Term Care Awareness Week.
“Awareness is a mild word,” says Cameron Truesdell, CEO of LTC Financial Partners LLC. “What they’re really saying is look out, Americans, as you age you’re risking financial disaster, and Uncle Sam isn’t going to bail you out. When we combine the paid-service costs with the hidden costs, we’re looking at a total impact of well over a trillion dollars per year. The government doesn’t want to pick up that tab. That’s the reason for Long Term Care Awareness Week, to make people aware so they can plan properly.”