Post-traumatic stress disorder, or PTSD, is a mental health condition that occurs in people who have experienced or witnessed a terrifying event.
It affects more than 8 million Americans, 18 years of age and older. While PTSD symptoms vary, the most common include fear, flashbacks, nightmares, severe anxiety, and uncontrollable thoughts about the event. With proper treatment, those with PTSD can improve their symptoms, learn skills to cope with their condition, eliminate flashbacks and nightmares, and restore their self-esteem.
If your loved one has been diagnosed with PTSD, long-term care will likely be essential since most people who are living with trauma, addiction, and other mental health issues need time to heal. Unfortunately, healing from PTSD will not happen overnight, and treatment in a long-term care (LTC) setting is often necessary. Living in an LTC facility may give your loved one the opportunity to develop a strong relationship with the community, build new relationships, and enjoy the resources they need to sustain long-term recovery.
Since long-term care costs can add up quickly, it’s important to have a plan in place to help cover expenses. The earlier you design an LTC and stick to it, you’ll have more control and choice. Some options to consider in your plan include:
A financial professional can help you plan for long-term care with PTSD in mind. Together we’ll help you review your financial situation and determine the ideal strategy for your unique goals. Contact us today to get started.
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At Money Bridge Wealth & Income Planning we work with clients of all ages to plan for a successful financial future. We help clients gain financial peace of mind regardless of stock market and economic volatility. Whether you’re entering retirement or just planning for it, we can help you on every step down your financial path. Contact us today to get started.