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 living too long. Extended life expectancy will place additional pressure on retirement funds to last longer than previously expected. But complicating that financial exposure is the cost of long term care. The very real probability of needing at least some home care assistance and at the worst nursing home confinement is reason enough to but it.
    Answered on September 7, 2013
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