Is Long Term Care Insurance Needed?

  1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    The #1 risk in retirement is human longevity. Living longer will impact fixed income retirement payouts pressured by ever increasing life expectancy. But the real impact on retirement may very well be the cost of assisted living and/or nursing home confinement, that can be expense in the later days of a senior.
    Answered on August 13, 2013
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