HEALTH AND LONG-TERM CARE
The rising cost of healthcare in America has become one of the primary risks to a financially secure retirement. Health insurance premiums and medical expenses now consume a hefty portion of retiree savings. And the future looks more troubling. Healthcare costs are expected to continue to increase faster than inflation, and many employers are re-evaluating their ability to offer retiree health insurance coverage.
Also, as life expectancy moves upwards, so does the need for long-term care. It may surprise you to realize that approximately 70 percent of Americans now turning 65 will need some form of long-term care during retirement.*
Here are some articles that cover both topics and will help you prepare:
Healthcare and Retirement
Healthcare costs are expected to continue to increase faster than inflation. What can you do to help make sure you are covered?
Long-Term Care and Retirement
You may never need long-term care, but if you do, having a long-term care insurance policy can help protect your retirement assets from being drastically depleted over a short period of time.
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