Will Long-Term Care Costs Threaten Retirement?
Can you count on Medicare and health insurance to cover your long-term care costs?
Without proper planning, individuals can be left with few options for managing long-term care expenses. You may have heard that an estimated 70 percent of Americans 65 and older are expected to need long-term care at some point in their lives. A new study by Lincoln Financial Group found that only a shocking 22 percent think they’ll actually need it. Andrew Bucklee from Lincoln Financial Group helps clear up any confusion by answering important questions and addressing some myths about long-term care risks.