Most Seniors Will Need Long-Term Care. Here’s How to Save for It.

Picture this: 80% of homes in your neighborhood vulnerable to storm damage, yet less than 4% insured. A striking parallel to the unpreparedness in long-term care for Americans. A 2021 report from the Center for Retirement Research reveals that approximately 80% of 65-year-olds will require long-term care and support services, highlighting the urgent need for comprehensive planning in the face of potential future challenges.

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Source Article: https://www.barrons.com/articles/long-term-care-saving-c84ed9d6

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