Thursday, June 28, 2007

 

How to Protect Your Retirement Nest Egg

There's probably no faster way to lose your money in retirement than on health-care costs. Sure, Medicare for those of you over age 65 will pay for a lot. And for those who are truly in the lowest income bracket, Medicaid will pick up the cost of long-term care. But think about it: Do you really think the government will be able to finance the cost of nursing-home care for all of the Baby Boomers who haven't adequately prepared for retirement? I seriously doubt it.

How to Protect Your Retirement Nest Egg
Source: MorningStar.com

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