Typically, when people think about the biggest risks to their financial security in retirement, health care costs come to mind. However, an often-overlooked risk is the costs associated with long-term care. For many Americans, the term “long-term care” has a new sense of urgency – particularly for the roughly 76 million of those in the baby boom generation. But what exactly is long-term care? Long-term care covers a host of varying services that one may need, ranging from in-home care and … [Read more...] about Is Your Retirement Prepared for the Costs of Long-Term Care?
