Many employees spend years preparing for retirement. They contribute to 401(k) plans, build emergency savings, and carefully plan future income. Yet one of the largest potential expenses in retirement often receives surprisingly little attention: long-term care. Unlike many financial risks, long-term care costs are difficult to predict.
Long-term care isn’t just a future issue. It’s already affecting your workforce. 1 in 5 employees is currently a caregiver. Caregiving = higher stress, absenteeism, productivity loss.
