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April 14, 2009 at 08:00 PM
- 44% — Percentage of pre-retirees who will be at risk of not having enough savings to maintain their current lifestyles once they retire excluding health care and long-term care costs.
- 64% — Percentage of pre-retirees who will be at risk of not having enough savings to maintain their current lifestyles once they retire including health care and long-term care costs.
- 24% — Probability a 65-year-old in 2010 will spend a year or more in a nursing home.*
- 75% — Percentage of long-term care policies that cover both nursing home care, and in-home care.**
Source: Center for Retirement Research
*Source: Congressional Budget Office
**Source: Brown and Finkelstein
