Faculty Publications

Title

Clients need prep for long-term care

Document Type

Article

Publication Date

12-30-2015

Abstract

A recent survey conducted by Lincoln Financial Group, “Managing Long-Term Care Risk,” revealed some surprising reasons why Americans, aged 18 and over, are so unprepared to meet their long-term-care expenditures in retirement. An astonishing 73% of the survey's respondents significantly underestimated the costs associated with long-term care.