How should you plan for the possible long-term care needs in retirement?

What if you need professional health care in your old age? Long-term care facilities can cost hundreds of thousands of dollars. How should you plan for this possibility? Like everything else in life, there are no easy (or inexpensive) options.

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Alternative investments have done poorly for 10 years.

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Annuities: How can a financial product with such small benefits be so popular?