Long-Term Care Ignorance

May 2002
Journal of Financial Planning;May2002, Vol. 15 Issue 5, p23
Academic Journal
This article reports that baby boomers may be concerned about the cost of long-term care, but they are not doing much to prepare for it according to a survey by the Center for Aging Research & Education among baby boomers. The survey found that only 7 percent have bought long term care insurance and over 70 percent plan to pay for long-term care from their retirement savings.


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