As residents of Monroe County in New York age, many begin to experience concerns about their golden years. These concerns often manifest as feeling fearful about the possibility of declining mental and physical health. These fears can be exacerbated as retirees see their peers struggling to manage challenging circumstances of their own.

Unfortunately, predicting the future is impossible, but it is never too early to address potential long-term care needs. Long-term care planning gives New Yorkers at least a degree of security about their futures, empowering them to enjoy their elder years regardless of what the future may bring. One of the first steps to take in long-term care planning is to establish a strong estate plan. Doing so can increase the odds of being equipped to address medical care and housing as one ages.

Another step aging residents can take is to learn about Medicare, Medicaid and other long-term care options. These programs offer support to elders, but often involve some out-of-pocket costs. Taking the time right now to find out the eligibility requirements as well as any associated costs means you can create a more stable estate plan addressing your future needs.

Admittedly, it can be confusing to sort out the possibilities, especially for people unfamiliar with the concept of long-term care planning. However, many resources exist to educate you on the state and federal level. Estate planning attorneys can also be a source of specific information about long-term care planning.

Preparing for the future is one of the best ways to enjoy your golden years. If you would like more detailed information, we invite you to contact our office or continue browsing our website.