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Kiplinger
Kiplinger
Business
Jerry Golden, Investment Adviser Representative

Your Home + Your IRA = Your Long-Term Care Solution

A piggy bank inside the frame of a house against a purple background.

If you want to retire with minimum money worries, you have a few options: Marry really well, pick the Powerball along with the other winning lottery numbers or consider a personalized retirement plan that produces high levels of income while maintaining and growing liquid savings late into retirement.

Most retirees need to solve for a couple of problems. They want lifetime income to cover their budget, including the occasional splurge, and a way to pay for the real likelihood of long-term care, which 70% of us will face. We’ll cover that in more detail below.

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