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Preparing and Protecting for Today, Tomorrow, and the Years to Come
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Trade Publication Article
Preparing and Protecting for Today, Tomorrow, and the Years to Come
2021
Overview
Retirement and Personal Protection Strategies Go Hand-in-Hand As a longtime veteran of the financial services industry, I've seen first-hand the energy we've collectively spent educating retirement plan participants about market risk, asset allocation, and the importance of beginning deferrals early. According to HealthView Services, a 65-year-old couple in good health will need $387,644 to pay for healthcare costs for the remainder of their lives. [...]the U.S. Department of Health and Human Services reports that someone turning age 65 today has almost a 70 percent chance of needing some type of long-term care services and support in their remaining years. According to EBRI's 2020 Retirement Confidence Survey, 7 in 10 workers (69 percent) feel confident in their ability to retire comfortably, though only 27 percent feel very confident.
Publisher
LIMRA International
Subject
