Tuesday, October 17, 2006
Planning For Long-Term Care
The generation that grew up listening to The Beatles sing "Will you still need me, will you still feed me..." is now closing in on 64. If retirement is to be the most glorious of ages, it's imperative to plan ahead.
Baby boomers will be generally healthier than previous generations of retirees. But it's beyond dispute that the older people get, the more care they need. Today's retiring Americans will likely outlive their finances, according to the American Assn. of Retired Persons (AARP) and the National Assn. of Insurance Commissioners (NAIC). Those who don't prepare may find that living well into their 80s or 90s may not be such a great experience.
Planning For Long-Term Care
Source: BusinessWeek
Baby boomers will be generally healthier than previous generations of retirees. But it's beyond dispute that the older people get, the more care they need. Today's retiring Americans will likely outlive their finances, according to the American Assn. of Retired Persons (AARP) and the National Assn. of Insurance Commissioners (NAIC). Those who don't prepare may find that living well into their 80s or 90s may not be such a great experience.
Planning For Long-Term Care
Source: BusinessWeek
Permalink posted by armandn @ 9:40 AM 
 |
 |  |
  |
