The older you become, the more likely it is that you will require some type of long-term assisted care. The reason that people are living longer is because of new medications and advancements in health care, all of this cost money. You need to account for the increased cost of health care due to inflation. It requires a lot of money and good health insurance to keep yourself healthy as you age. Many people do not plan well for this, but is a necessity because we will live much longer than past generation.
November 30, 2015