You may already have a retirement date in mind, a preferred place to live, and a target for monthly income. Add the possibility of future long-term care, and each of those choices deserves another look because a period of higher spending can affect timing, housing, portfolio flexibility, and the resources available to a spouse.
The planning question is not simply how to pay for care. It is how retirement decisions should change once later-life care becomes one of the conditions the plan may need to handle. John Mateyko is a Fiduciary Financial Planner and Managing Partner at IDEX Financial whose RICP® and WMCP™ training brings both retirement-income and broader wealth-planning considerations into that discussion.
