Faculty Publications

Title

Frailty Risk -- More than Just Long-Term Care and Health Care Expenses

Document Type

Article

Publication Date

6-25-2014

Abstract

Retirement income planning is more than just developing a steady stream of income; it also requires planning for those uncertain events that threaten a secure retirement. Aging brings with it a variety of retirement risks, including escalating health care expenses and possible long-term care expenses. While these represent significant financial risks for aging retirees, there is another risk, one often misunderstood and overlooked, lurking in the shadows — frailty risk. Frailty risk can pack a powerful punch to the security of your retirement plan.