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1 Smart Move That Could Save Your Retirement

Don't let unforeseen costs destroy your hard-earned retirement nest egg.

By Matt Frankel, CFP – Mar 18, 2023 at 6:23AM EST

More than 50% of senior citizens will need long-term care at some point in their lives, and a private room in a nursing facility can come with a six-figure price tag. In this video, Certified Financial Planner® Matt Frankel discusses the basics of long-term care (LTC) insurance and why you should start thinking about it before you retire. 

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
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The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

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