I had the pleasure of sitting down and having a very personal discussion with actor and family man, Rob Lowe about the need to have “conversations that matter” between family members. Many of these “conversations” revolve around later life issues and echo many of the points that I made in my book, “Having the Talk.” Mr. Lowe agrees that having these conversations are perhaps not easy but necessary.
Mr. Lowe discussed the personal experiences he had with his own family as a reason why he’s come out strongly on the topic and has completed an educational video with Maria Shriver on the topic. In conjunction with Genworth Financial, a leader in the Long-Term Care area, the video series focuses on Mr. Lowe’s personal caregiving experiences and speaks to the importance of the subject matter and encourages viewers to talk about long term care with their family and friends.
The realities of long term care were discussed with Mr. Lowe and they are eye opening:
• 70 percent of those who live past age 65 will need some form of long term care at some point
• More than 90% of American adults don’t have long term care insurance
• 59% of Americans are uncomfortable talking to their families about long term care
• The cost of care, whether in home or at a living facility, can get extremely expensive – as high as $87,000 per year or more (for nursing home care).
In a press release on the partnership, Maria Shriver points out, “We are increasingly becoming a caregiving nation with 10,000 Baby Boomers turning 65 each day. I’m happy to partner with Genworth to initiate and ignite conversations between families and across generation about care needs and expectations.”
It’s clear from our discussion that Rob agrees with me that the need to discuss long term care and other later life issues are conversations that need to happen, and there’s no time like the present to begin the process of getting ‘the Talk’ going.
Click here to see the video with Rob Lowe and Maria Shriver.