How To Keep Long-Term-Care Costs From Derailing Retirement Plans
Long-term care is one of the most overlooked risks to a secure retirement, but the cost of ignoring it can be devastating.
In a recent Financial Advisor article, SEIA’s Tom West highlights a crucial but often overlooked obstacle: the psychology of denial.
“Psychology prevents many retirees from comfortably anticipating a possibility where they are less able,” Tom explains. He emphasizes the need for a mindset shift from avoidance to proactive planning, empowering clients to face potential health declines with clarity and control.
Read the full article to explore expert insights and strategies for protecting retirement plans from the rising costs of long-term care:
https://www.fa-mag.com/news/how-to-prevent-ltc-costs-from-derailing-a-retirement-plan-82903.html
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