Elder Care Knoxville: Saving For Long Term Senior Care

Elder Care Knoxville: Saving for Long-Term Senior Care


Andrew Scruggs(2013-01-31)

Thinking about how you ll afford long-term care for your elderly loved one may feel stressful, but it s an important part of ensuring that your senior is well cared for in the future. In a study conducted by ABC News, USA Today, and Gallup Poll, it was found that 41 percent of baby boomers help with the care of their elderly parents, either by giving money or their time. A lack of planning for long-term care can result in a serious burden for family members responsible for getting their elderly loved one home care or other forms of assistance. The elder care professionals of Always Best Care of Greater Knoxville, which serves Knoxville, Oak Ridge, Maryville, Lenoir City, Clinton, Pigeon Forge, Sevierville, and Gatlinburg, encourage families to create a solid long-term care plan now.

Why should we plan ahead?


While your senior may enjoy preparing their own meals and caring for their home now, this can change quickly. You must have the ability to help your elderly loved one access senior care should they need it. Without a solid financial plan, this burden may become something you re unable to afford. In order to make sure that your loved one is properly cared for, it s important for adult children to have an honest discussion with their parents about their plans for long-term care.

Many families find this subject overwhelming because they have no way of determining exactly what type of care their senior will need. Will they need home care? Will they need to live in an assisted living facility? Even if you can t feel certain about exactly what to expect in the future, it s important to have finances in place to afford any type of care that your elderly loved one may end up needing.

How to plan ahead

Many families utilize the help of a senior financial planner when it comes to thinking about long-term care expenses. These professionals are experts at working with elderly individuals and their families to come up with a reasonable long-term care plan that works with the family s budget. Other families find that long-term care insurance is a useful tool in protecting their family s financial status and ability to provide for their senior. This insurance helps to pay for an elderly individual s care when they can no longer attend to their own daily needs.

Whether you simply budget for future long-term care costs, seek help from a professional senior financial planner, or purchase long-term care insurance, the professionals of Always Best Care of Greater Knoxville encourage you to make plans for your elderly loved one s future.

Always Best Care combines national strength and standards with local accessibility and personal service. Andrew Scruggs, the owner of Always Best Care of Greater Knoxville (


), is a Knoxville native who has his heart set on serving the community by providing \”Life-Giving caregivers to those in need. Allow Always Best Care to assist you in assessing your needs inside your or your loved one s home for senior care, in home health care, Alzheimer\’s care and assisted living placement. Call us today for a free consultation at (865) 259-7770 or receive information about a free E-Booklet online at


Article Source: