Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Industry Spotlight > Women in Wealth

AARP: Many Women Skimp on LTC Planning

X
Your article was successfully shared with the contacts you provided.

Only 23% of the women who participated in a recent survey seemed to understand that they would have to start out using personal savings to pay for long term care (LTC), AARP says.

AARP, Washington, did not give the size of the sample, but it says the women it polled were ages 45 to 64.

Few of the women understood that private health insurance and Medicare do not cover long term care, the group says.

Only 40% of the women polled knew that long term care could take place outside a nursing home.

AARP released the survey results in conjunction with “Decide.Create.Share,” a new LTC planning campaign aimed at women.

- Trevor Thomas


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.