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How Long-Term Services and Supports Impacts Retirement-Income Adequacy
Morningstar; registration may be required 
May 16, 2025 "41% of households are projected to run short on money in retirement when [long-term services and supports (LTSS)] costs are included. Without LTSS costs? Just 26%. Single women are particularly exposed to LTSS risk ... About 43% of Baby Boomers will incur LTSS costs in retirement, ... The average unconditional present value of LTSS costs for Baby Boomers from retirement age through death is $130,700. The average cost for those who are projected to incur costs is $242,373." MORE >> |
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