These unexpected costs can decrease or even wipe out retirement savings.
Source:
[2] https://longtermcare.acl.gov/the-basics/how-much-care-will-you-need.html
[3] https://www.genworth.com/aging-and-you/finances/cost-of-care.html
[4] https://longtermcare.acl.gov/the-basics/who-pays-for-long-term-care.html
[5] https://www.valuepenguin.com/how-age-affects-health-insurance-costs
[6] https://deepblue.lib.umich.edu/bitstream/handle/2027.42/146766/NPHA-Health-Insurance-Report_FINAL_v2-122018.pdf?sequence=1&isAllowed=y
[7] https://www.aarp.org/caregiving/financial-legal/info-2019/out-of-pocket-costs.html
[8] https://www.urban.org/sites/default/files/alfresco/publication-pdfs/411976-Retirement-Account-Balances-Updated-.PDF
[9] https://www.pewtrusts.org/en/research-and-analysis/reports/2010/04/28/the-impact-of-the-september-2008-economic-collapse
[10] https://newsroom.fidelity.com/press-releases/news-details/2017/Life-Happens-and-When-it-Does-Health-and-Wealth-are-More-Connected-Than-You-Might-Think-Fidelity-Research-Reveals/default.aspx
[11] https://www.countryfinancial.com/en/about-us/newsroom/year2018/Failure-to-Launch-Americans-Still-Rely-on-Parents-to-Help-with-Mobile-Phones-Gas-Groceries-and-Health-Insurance.html
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