Don’t Join the Ostrich Generation: Amid the Choppy Markets, Too Many Soon-to-Be Retirees Have Avoided Making Key Decisions. Here’s What to Do – Right Now – The Wall Street Journal – 09/17/11
70% of People 65 and Up Will Need Long-Term Health Care
Plan for rising health-care costs – especially if you’re healthy now.
Most boomers realize that care is pricey, but typically don’t grasp the scale of rising costs.
Some 70% of Americans older than age 65 will need long-term care, meaning help with daily activities such as eating and bathing, according to the U.S. Department of Health and Human Services.