4 reasons you need long-term care insurance

By Stephen Williams @ MarketWatch

It shouldn’t come as a surprise that health care costs are among the leading concerns on people’s minds when nearing retirement.

The average couple retiring in 2014 can expect to pay $220,000 to $240,000 in health-care costs during the course of their retirements, according to a new estimate from Fidelity Investments. As if this weren’t scary enough, lost in the fine print is the fact that this figure doesn’t include long-term care.

Read the whole thing.


July 22, 2014

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