Business NewsMarketWire • One-in-Three Americans Afraid of Losing Their Independence in Retirement: BMO Wealth Institute Report

One-in-Three Americans Afraid of Losing Their Independence in Retirement: BMO Wealth Institute Report

One-in-Three Americans Afraid of Losing Their Independence in Retirement: BMO Wealth Institute Report

- Fifty-nine percent of Americans plan to fund long-term care needs with their own savings- More than half would prefer to receive long-term care in their own home instead of in a facility - Thirty-six percent have not discussed any financial issues around potential long-term care with loved ones

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One-in-Three Americans Afraid of Losing Their Independence in Retirement: BMO Wealth Institute Report