America’s seniors are living longer than any previous generation and to prove it, a senior living residence in Somerset, New Jersey gathered 31 seniors age 100 and above and received a mention in the Guinness World Records for the largest gathering of centenarians. And, only 2 of those in attendance were men!
Babies born today have a life expectancy of age 100. Now that we know more about ways to enjoy a healthy lifestyle, it is expected that many Americans will easily reach age 110 or older. This means we will need to rethink what our retirement years will look like and how to better save money to pay for retirement care.
Medicare health insurance covers all seniors age 65 and above in the U.S.A. and does not pay for long-term care. Medicare only covers hospital stays and short-term nursing home stays for up to 100 days after a major medical incident. All long-term care must be paid for by the senior unless they have limited assets and income and qualify for the subsidized Medicaid program.
Seniors can research nursing homes in their area and learn more about Regency Jewish Heritage Nursing and Rehabilitation Center to plan ahead for their senior care needs. As nursing homes are often an extension of a hospital stay, seniors should learn about their preferred nursing care center in their area.
