Long-Term Care: What Are the Odds You’ll Need It?

Jul 2, 2018 / By Elaine Belsito
Horsesmouth Assistant Editor
Print AAA
Add to My Archive
My Folder

My Notes
Save
Chart Talk: We often believe we’ll be the exception to the rule, but over two-thirds of people aged 65 today will need long-term care. Its high cost must be part of the retirement budget.

MarketWatch reports that:

An American turning 65 today has a 70% chance of needing some type of long-term care service, according to the U.S. Department of Health and Human Services, and though one-third of today’s 65-year-olds may not need it, 20% of them will for more than five years. Women, on average, need care for longer than a man—3.7 years versus 2.2 years, respectively. About 10,000 people turn 65 years old every day, and will until 2029, according to Pew Research Center.
Americans Using Long-Term Care

Source: MarketWatch

IMPORTANT NOTICE
This material is provided exclusively for use by Horsesmouth members and is subject to Horsesmouth Terms & Conditions and applicable copyright laws. Unauthorized use, reproduction or distribution of this material is a violation of federal law and punishable by civil and criminal penalty. This material is furnished “as is” without warranty of any kind. Its accuracy and completeness is not guaranteed and all warranties express or implied are hereby excluded.

© 2025 Horsesmouth, LLC. All Rights Reserved.