Your $135,000 Retirement Risk
The 2025 Milliman Long-Term Care Index put a number on long-term care: $135,000, the lump-sum amount an average 65-year-old would need to set aside today to cover the expected lifetime cost of long-term care. But there are some details you need to know that make up that number. About half of those who need paid long-term care only do so for less than a year (averaging $30,000 in total cost). The other half need care for more than 5 years at an average of $665,000. $135,000 is just the average. We will also take a question with multiple millions wanting to know if he should buy long-term care insurance or self-fund? Resource: Article by Christopher Giese, Annie Gunnlaugsson, Evan Pollock, and Kevin Brown: 2025 Milliman Long-Term Care Index Connect with Benjamin Brandt: Subscribe to the This Week in Retirement : http://thisweekinretirement.com Get the Retire-Ready Toolkit : http://retirementstartstodayradio.com Work with Benjamin : https://retirementstartstoday.com/start Get the book! Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement Follow Retirement Starts Today in: Apple Podcasts , Spotify , Overcast , Pocket Casts, Amazon Music , or iHeart







