Page 5 - WSAAG051_Caregiver Booklet
P. 5
2. Paying for Home Care Expenses 3. Building a Health Safety Net
The median daily cost nationwide in 2021 for either homemaker Should the good health of a loved
or home health aide services was between $165 and $172.* one suddenly turn, is there a ready
source of funds to provide the level
What are the odds that someone will need some of health care they’ll require? A
form of home care assistance? It’s expected that reverse mortgage line of credit
47% of men turning age 65 will need some type could furnish the necessary funds
of long-term care services in their lifetimes. For should the need arise. If the funds
women, the percentage is 58%.** are not needed, the untapped
principal grows over time.
A home equity
solution could
help meet these
expenses.
A Guide for Children and Caregivers 5
