Thursday, February 17, 2011

Preparing for Long-Term Care: Any Good Options?

Preparing for Long-Term Care: Any Good Options?

A huge wave of baby boomers may need long-term care in their golden years — and yet fewer than half have taken steps to prepare for it. That's the sobering conclusion of a recently released industry study that shows two-thirds of Americans believe it's important to plan for long-term care, but only 44% have taken steps to protect themselves — and most of those steps only involve boosting their savings accounts. But while it's clear that not enough people are thinking about preparing for their long-term-care needs, it's not at all clear what, if any, the best solutions are...

Read more: http://www.time.com/time/nation/article/0,8599,2044464,00.html#ixzz1EEyJ8PSu

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