Long-Term Care Planning

Retirees' long-term care risk management plans may not be realistic, actuaries find

Retirees' long-term care risk management plans may not be realistic, actuaries find

Planning for long-term care continues to be a major concern for many facing retirement, but their risk-management plans need some improvement, according to a new report from the Society of Actuaries.

Many Americans understand importance of long-term care planning but don't act on it, study finds

Sixty-five percent of Americans know that long-term care planning is an important, cost-saving action. But only 44% of them have started taking any steps to prepare for unanticipated costs, according to a new consumer study from Lincoln Financial.

Long-term care planning still eludes us

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We know at this point that people aren't talking about their possible future long-term care needs. But why? Confusion, for one, says renowned gerontologist Ken Dychtwald.