Last week we discussed some key risks to retirement. Health care needs, market volatility and inflation can all have negative affects on one’s retirement confidence. Today we will discuss three more key risks to retirement, and how a plan might help combat the anxiety that comes with each risk.
We are fielding more and more questions about long-term care insurance, which is in line with what studies show as the number one concern of retirees. You don’t have to do a lot of research or follow a lot of news to know that the costs of care have been increasing significantly over the last couple of years. So if this is a concern of yours, consider these five financial planning tips when planning for long-term care, in order to find the right approach for you: