“Here’s Why Extended Care Planning Remains Critical for Women,” by Wendy McCullough, ThinkAdvisor

“Working women ages 40 and up often juggle career and family obligations in a way that virtually no other demographic group does. Often at the peak of their earning power, many women in their 40s, 50s, and 60s are also primary caregivers for younger members of their families, and frequently for one or more parents or in-laws as well. Given these responsibilities, it’s no surprise that women often postpone thinking about their own future, particularly when it comes to potential extended care needs.”

 

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Everyone knows “long-term care is a woman’s issue,” but how often are women the focus of an article like this one? Note the focus on “extended care” which can include not only LTC insurance, but the rapidly growing options of short-term care and/or home health only insurance. The author is vice president, solutions pricing and development, at Thrivent.