1+ day, 14+ hour ago  (748+ words) Long-term care planning is widely acknowledged as a critical component of a client's financial strategy. Financial professionals know this. The industry knows this. Research confirms it. Yet the conversation is too often postponed, softened or skipped altogether. This creates what…...

7+ mon, 2+ day ago  (892+ words) Even a strong retirement savings plan can be derailed by an overlooked and surprisingly common financial burden: long-term care. About 80% of 65-year-olds will need some form of long-term care, according to a report from the Center for Retirement Research at…...

7+ mon, 4+ day ago  (518+ words) The report found that the increase is consistent with a "general upward trajectory of projected health-related expenses" for retirees. A 65-year-old retiring in 2025 can expect to spend an average of $172,500 for health care and medical expenses throughout retirement, according to…...

7+ mon, 1+ week ago  (772+ words) In a July 22webinar, the Employee Benefit Research Institute and Morningstar revealed that employees" perceptions of long-term care needs, knowledge and accessibility of long-term services and supports, as well as longevity influence their financial readiness in retirement. The webinar was based…...