Familial Caregiving Affects Many
Experts advise making financial plans before they are needed
Tag: long-term care
End-of-Life Planning Outstrips Retirement Care Planning Among Baby Boomers
Two-thirds of middle-income Boomers know someone who has required retirement caregiving, either in their home or in a nursing home, yet few Boomers are taking action to plan for this likelihood.
Americans Worry About Running Out of Money in Retirement
CPA financial planners say Americans are also concerned about maintaining their lifestyle and not being able to meet rising health care costs.
Planning for Long-Term Care Needed to Alleviate Burdens on Family Members
Among family caregivers, 60% said they had no idea how demanding it would be, and that an insurance product to help with long-term care could have alleviated some of this pressure, according to Lincoln Financial Group.
Long-Term Care Planning Neglected by Many Older Americans
When individuals plan ahead for long-term care, they can better secure their own future while reducing financial burdens on their friends and family.
Health Care Unknowns Have Always Vexed Retirement Planners
A new “Cost of Long-Term Care” analysis published by Moll Law Group underscores the fundamental difficulty of planning for the health care unknowns faced by all retirement savers.
A Secure Retirement for Only 50%
8 out of 10 households could be fine—if costs could be reduced
Female Advisers Say Women Are Underserved
Three quarters of women under 40 do not have a financial adviser.
Three Quarters of Americans Have Not Planned for LTC Needs
Yet nearly six in 10 say saving for long-term care is a financial priority