“Longevity, Life Expectancy & The Long Run,” by Tania Slade, Advisor Magazine
“BMO Wealth Management wanted to know how Americans are thinking about this increased longevity, so we conducted a survey of more than 500 Americans aged 55 and older to explore their views on aging and their top concerns tied to family and wealth. … The study shows that Americans’ top concerns about living a long life include health problems and costs, becoming a burden on family, and maintaining financial security. And more importantly, far more aging Americans would most like to be remembered for the values they lived by and the life lessons they imparted along the way than for the wealth they accumulated.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
What better way to be remembered for “the values they lived by and the life lessons they imparted” than to prepare in advance for the risk and cost long-term care?