Who knew that living too long would be a bad thing?  Seems that when you are younger you are doing whatever you can to try and age slower.  Now, there is a "catch 22" if you will from these activities - chances are you will live longer than you expected.

In fact, as medical technology gets better and better, people are living longer and longer.  According to some blogs I read, the average life expectancy of a 80.9 years for men and 84.5 years for women.  This means that we should expect to live about half as long as we were in the work force after retirement.  Thing is, when we were working our health is usually good, with very little problems.  But as we age, we are more likely to need medical attention or care - which can be very expensive.

Sadly, most people prepare for their retirement, but leave out any sort of financial planning for their health.  This can turn into a horrible oversight, with most retirement nest eggs wiped out in a few years after one enters a nursing home.  This can cause stress on your children, that need to foot the bill - and may lead to marital problems in their lives.

In order to avert the financial consequences of long term care, you should take the time to plan for the worst case before you find yourself there.  Consider getting some long term care insurance - it will protect your loved ones from the financial burden of taking care of you.