Aging & Your Finances

Longer lives can be richly rewarding. But they can also be financially challenging.

Assets accumulated over a lifetime of work need to last longer than ever. Those assets now have to cover not only expected daily expenses, but, for the 70% of people who will need long term care at some point1, long term care services as well.

Planning is Key

The most important part of navigating the financial challenges of older age is planning. Even if you didn’t start planning decades ago, now is not too late to start either.

  1. 2021 U.S. Department of Health and Human Services, "Understanding Long-Term Care" (August 2, 2021). https://acl.gov/ltc/basic-needs in new window. Site accessed on 01/10/22.

Elderly woman getting her hair combed

Cost of Care Survey

It’s important to know now how much different types of care may cost where you live. That's why we started the Cost of Care Survey back in 2004.

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