Is it necessary to include long term care in your retirement plan?

Even though the majority of Americans will at some point need long-term care, few are planning for it. read more

Experts say that it is necessary to include long-term care in your retirement since people are living much longer and will most likely require assistance in carrying out their ADL's in the future. read more

Planning for long term care can lift the burden of paying for the high cost of care. The median cost of a nursing home will cost around $88,000 annually and the median cost of an assisted living facility is around $41,000 annually. read more

Planning ahead for long-term care is important because there is a good chance you will need some long-term care services if you live beyond the age of 65. About 70 percent of people over age 65 require some services, and the likelihood of needing care increases as you age. read more

When planning for retirement, you must factor in long-term-care costs. Your certified financial advisor can help determine how much you should save. read more