With nearly 10,000 baby boomers turning 65 every day from now until 2030, long-term care is a top concern of current and soon-to-be retirees, or at least it should
be.
You never know what sort of health issues life might throw at you, and even if you're relatively wealthy going into retirement, a series of unfortunate medical problems could turn your finances upside down before you know it.
Over 70% of all Americans eventually need long-term care; however,
only 46% predict they may need it. Most Americans also estimate that they might begin needing long-term care at age 79, when the actual average starting age is 73. In this article, we look at more facts and misconceptions about long-term care that might surprise you.