“Confronting Retirement in a Low-Yield World”

Confronting Retirement in a Low-Yield World,” by Christine Benz, Morningstar.com

“One key risk factor for Stephen and Diane’s plan–as is the case with so many retirees today–is that they don’t have long-term care insurance. Unfortunately, purchasing insurance at their age can be extremely expensive; depending on their health, it may be unavailable. I’d recommend that they think through an action plan on this front–either carving out a long-term care fund and segregating it from the rest of their portfolio or investigating some type of long-term care coverage such as a hybrid annuity/long-term care policy. This article discusses the pros and cons of long-term care hybrids. ”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

This Morningstar portfolio makeover article closes with advice about long-term care.

Confronting Retirement in a Low-Yield World,”

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