Our daily roundup of retirement news your clients may be thinking about.
When to Buy Long-Term Care Insurance The cost of long-term care insurance increases with age, but many baby boomers fail to get the coverage early when it is less costly, according to this article on Fox Business. Long-term care expenses rise in retirement to the point of "depleting our assets to a level of crisis," says Jake Lowrey, president of Lowrey Financial Group, adding that retirees are supposed "to have actual golden years instead of what can end up being scary years, both personally and financially." --Fox Business
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