NEW HAVEN, Conn. (WTNH) — Connecticut’s Morning Buzz Reporter Jillian Andrews welcomes Money Wisdom, sponsored by Johnson Brunetti.
We’re teaching you smart ways to manage your money, and here with expert advice is Eric Hogarth, CFP® and Senior Partner at Johnson Brunetti Retirement & Investment Specialists.
Our topic today is about Long-Term Care and planning for it in your retirement. Eric discusses the following issues:
- 17% of retirees say they are paying more for LTC than they had expected when they first retired.
- For couples aged 65+, there is a 70% chance one of them will need LTC.
- Projected median U.S. annual private room nursing home cost in 20 years is $191,177.
Today’s Free Offer – But What if You Need Long-Term Care?
Visit our website and check out our new resource center or register for a FREE 15-minute call with a financial advisor: www.johnsonbrunetti.com
https://www.ebri.org/docs/default-source/rcs/2023-rcs/2023-rcs-short-report.pdf
https://aspe.hhs.gov/reports/what-lifetime-risk-needing-receiving-long-term-services-supports-0
