05/23/2013 11:20 am ET

Why Baby Boomers Need To Get Real About Health And Long-Term Care Costs In Retirement

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Baby Boomers are in serious denial when it comes to their medical and long-term care costs in retirement. Yes, Medicare provides excellent health insurance (subsidized in large part by taxpayers). But it doesn’t come close to paying for a senior’s medical costs. And doesn’t pay for long-term supports and services at all.

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