This US News Report on retirement fears spells out the problems we all face. We just can’t know what’s coming. When you have no idea how long you will live and how your health will play out it seems really silly to pretend you are planning.
This supports my recent post about home modification investment risk.
How do we make sense of this? The high cost and low adoption of Long Term Care insurance helps us see that other solutions are needed. Let the brainstorming begin!
Louis Tenenbaum, one of the nation's leading authorities on aging in place, is the founder of HomesRenewed, a coalition of business, consumers and nonprofits, driving policy and investment to increase the number of age-friendly homes.