Underestimating Healthcare Costs in Retirement and Can Ancient Fire Management Practices Save Our Modern Forests-Underestimating Healthcare Costs in Retirement

Did you know that over 80% of 65-year-olds will need long-term care, yet most severely underestimate these costs? Gal Wettstein, PhD, Senior Research Economist at the Center for Retirement Research at Boston College, reveals alarming findings about retirees' healthcare cost misconceptions. He discusses how many older adults are dangerously unprepared for their future healthcare expenses, particularly when it comes to long-term care needs.