Wednesday, July 05, 2006

 

Americans Confused About Long-Term Care

Most Americans fear they'll need expensive long-term care in retirement, but few are doing anything about it, according to a study released Thursday.

A survey conducted for the John Hancock Life Insurance Co. found that 85 percent of respondents worry that paying for long-term care could cut into their retirement income and savings, an increase from 80 percent a decade ago.

Americans Confused About Long-Term Care
Source: Yahoo! Finance

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