4 Reasons to Plan for Long-Term Care Costs
There’s a 70% Chance You’ll Need Long-Term Care We can all celebrate an increasing life expectancy as we look forward to our golden years. In 1950 the life expectancy for American men was 65.6, and 71 for American women.[1] Now it’s 76.3 for men and 81.4 for women. Of course, many people live to be older than that. In fact, the Census Bureau estimates that by 2050, Americans 90 and older will make up 10% of the population.[2] A longer life is a blessing, and it also means a higher likelihood of needing long-term care: According [...]