AARP Vermont Member Survey: Long-Term Care - assets aarp 2025

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Previous studies have generally corroborated the U.S. Department of Health and Human Services estimate that only 35 percent of older Americans are likely to use a nursing home in their later years.
Nearly 70% of Americans aged 65 and older will require some form of long-term care during their lifetime, ing to the U.S. Department of Health and Human Services and the cost of this type of care will likely be difficult to pay out of pocket for many Americans.
The average nursing home stay is about 485 days, or a little over a year, ing to a report by the Department of Human Services and the National Center for Health Statistics.
A recent research brief from the Department of Health and Human Services estimates that 56% of Americans turning 65 are likely to develop a condition requiring long-term care.
ing to the Department of Health and Human Services research, 51% of women aged 65 and over will need paid long-term care. Meanwhile, 39% of men who are 65-plus will need such care. That differential helps explain why long-term-care insurance is typically more expensive for women than men.
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AARP Long-Term Care Options from New York Life1 offers valuable resources to help you find the coverage thats right for you. Request your free guide to long-term care today and an experienced New York Life agent will contact you to answer your questions and explore your options.
Even though federal estimates suggest 70% of people over the age of 65 will need long-term care before they die such as living at an assisted living facility only 3% to 4% of Americans age 50 and older are paying for long-term care policies.

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