Long-term care is one of the most complicated issues in financial planning. The potential costs are quite high, but the insurance products available leave something to be desired.
Three researchers at Boston College’s Center for Retirement Research recently tried to answer some of the questions you’ve probably asked yourself: how likely do you need long-term care? And how likely are you to have a severe level of attention instead of a lower level of attention? And how long is your need for care likely to last?
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