A Short Introduction to Long-Term Care Guide
Americans today are living older than in the past: In 1950, life expectancy for Americans was 68 years old, and in 2022 it’s nearly 80.1 Of course, many people live to be older than that. In fact, the Census Bureau estimates that by 2050, Americans 90 and older will make up 10% of the population.2 A longer, healthier life is certainly a blessing, but it comes with extra costs that are important to consider when creating a retirement plan.
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