44% of pre-retirees 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% of pre-retirees 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 that a 65-year-old in 2010 will spend a year or more in a nursing home.**
75% of long term care policies cover both nursing home care, and in-home care.***
Source:
*Center for Retirement Research
**Congressional Budget Office
***Brown and Finkelstein
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