One in three seniorswill die with dementia. It’s a soberingstatistic, and when you consider it alongside increasing longevity, it’s easyto see why planning for the potential impact of diminished capacity on your oroved one’s future finances is critical.
An estimated 6.5million Americans ages 65 and older are living with Alzheimer’s, and more than11 million Americans are providing unpaid care for someone struggling with dementia.
Numbers like these prove that planning for the possibility of long-term care and considering who will make decisions if you can’t is not simply smart, it is necessary. And that planning now – before you have the need or are unable to share your wishes– is essential.
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We all resort to business as usual when our plates get full but taking time out to deploy a few simple tactics to maximize your team’s talents and time can lead to running a more productive, profitable and even happier practice.read