Northwestern Mutual

Preparing for the Future

The best time to think about long-term care is before you need it.

It’s easy to put planning for long-term care on the back burner. After all, you can never know for sure if or when you’ll even need long-term care.

But as the adage says, “It’s always too soon until it’s too late.” An unexpected accident, illness or injury can profoundly change your life, sometimes suddenly. This can leave family members having to scramble to make crucial decisions at a time of crisis. That’s why the best time to think about long-term care is nowwhile you are healthybefore it's needed.

2 in 5 US Adults are either unsure how they will handle long term care or do not plan to address their potential long-term care

Planning now for the possibility of long-term care can give you time to explore the options for preserving your quality of life and your assets. It also allows you to make important legal, financial and health care decisions about your future while you’re still able:

  • Health care decisions to ensure your values and wishes are honored if you can’t make decision about your medical care for yourself
  • Legal decisions about how your affairs should be handled if you are unable to handle them yourself
  • Financial decisions to help ensure your assets are used to provide for you and your loved ones in the way you expect

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