Tag: healthcare costs

elderly woman in wheelchair while looking out the window in nursing home

Misperceptions of long-term care needs and costs are cause for concern. Households approaching retirement face a wide variety of risks to their financial security.  They may live longer than planned and deplete their resources; they may experience unexpectedly high inflation; or they may receive unusually poor returns on their investments.  Equally consequential is the risk…

Male senior patient listening to doctor in hospital room

The report’s key findings are: The Center for Retirement Research at Boston College gratefully acknowledges Jackson National Life Insurance Company for supporting this researc…