“What happens when retirement expectations meet reality,” by Alison Salka, MarketWatch

“While spending patterns in retirement may differ substantially from preretirement expectations, the biggest deviation from expectations seems to be on health and long-term care costs. Four in 10 retirees are spending more than they anticipated. This finding is true across all demographic and income levels. This perhaps explains why four in 10 retirees said they were very concerned that significant health care costs will affect their standard of living, according to a 2017 consumer survey of the LIMRA Secure Retirement Institute.”

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

A couple tidbits worth sharing with prospects.

What happens when retirement expectations meet reality

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#goldencareagent