US: Morningstar study on long-term care costs gets pushback from think tank
investmentnews.com (21.05.2025) A new Morningstar report warns that long-term care expenses could dramatically undermine the financial readiness of American retirees.But the study expert, who argues the analysis exaggerates households' actual exposure to those costs.
"The Overlooked Cost: How Long-Term Services and Supports Impacts Retirement-Income Adequacy" Morningstar researchers Spencer Look and Jack VanDerhei used a proprietary model to simulate the retirement outcomes of American households under two conditions: one that includes long-term services and supports, or LTSS, and another that
Regions / Country
United States
Global challenges
Topics
Long-term care
Document Type
Status