Tag: long-term care costs
I sat next to a Brit the other day. At one moment, the discussion was focused on insuring against long-term care needs and the advantages of using the house as a source of retirement income. The next moment the conversation turned to the Brexit mess. The link between the two was a part of t…
The brief’s key findings are: Long-term care is expensive, but only 13 percent of single individuals over 65 have long-term care insurance. Previous models of care usage appear to understate the risk of going into care and overstate the duration of care for those who require it. If long-term care is a more likely, but…
