What Are People Saying?

US News




“The vast majority of seniors prefer to stay at home, tweeted members from the Partnership for Quality Home Healthcare. This option is also less expensive. “We know that you can serve three individuals at home for every one served in a nursing home. Makes good financial sense,” stated Elaine Ryan, vice president of state advocacy and strategy integration for AARP.”

“Many people mistakenly think that private insurance will cover long-term care services. It won’t. Medical insurance only covers visits to the doctor, medications and some medical equipment. Long-term care insurance can be costly and siphon off money that cash-strapped seniors need to cover more immediate living expenses.”




“And while the vast majority of Americans over the age of 40 say they would prefer to stay in their own homes as long as possible, a recent AP-NORC poll reveals that roughly 60 percent of them admit they haven’t discussed their preferences for future living assistance with relatives, let alone taken the time to map out financial arrangements with them.”






“Aging in place is almost universally accepted as a good idea because the benefits are so clear: the freedom and dignity that come from staying in your own home, the ability to make your own decisions, the maintenance of friendships and community ties.”









“There isn’t a right way or a wrong way to approach long-term care plans for ourselves or family members. That’s what makes the puzzle so deeply frustrating for some, devastating for others.”

“The trade-offs require leveraging and engaging financial assets in return for receiving hands-on medical care for an acute or chronic illness that leaves us incapable of caring for ourselves permanently or temporarily, in our home or in a skilled facility.”






“The high cost is one reason fewer than 8% of Americans have long-term care insurance. Many people mistakenly believe that Medicare will cover long-term care needs. The reality is that most people use their own resources to pay, and when those assets are exhausted, they turn to Medicaid.”

“There’s no easy answer to the best way to plan for long-term care needs, even as people grow increasingly worried about having enough money to cover the cost of a protracted illness.”

Senior Housing





“Whether it’s the economy or merely the fact that a large majority of people desire to stay in their own homes, aging in place is something that senior living communities must figure out how to incorporate into their business model going forward.”





“The rethinking of retirement is driven by both necessity and changing attitudes. The current debate over Social Security – and the even greater strain on Medicare someday – point to the problem of how to pay for the retirement expenses and old-age entitlements of the more than 75 million baby boomers, born from 1946 to 1964, as they move into their retirement years. Those problems reflect the flip sides of the forces that helped make the golden years possible to begin with.”