Tag: Greenwald
Even the best-laid plans can go awry. Individuals face many hurdles to adequate planning for retirement and, even when precautions are taken, they may be overwhelmed by a big enough shock. In particular, large medical and long-term care spending shocks can devastate retirees’ hard-won finances…
For those who start with $100,000, Medicaid is not an easy option. As part of an extended study on the risks faced by households approaching retirement, we just completed a project that focused on the risks associated with medical and long-term care costs. As it turns out, while medical risks are highly uncertain and potentially…
