Is Your Retirement Plan Missing an Essential Piece?

Long-term care is a major risk that many financial advisers just aren’t talking about with their clients. Here’s why and some creative options for your own LTC plan.

A puzzle of a dollar bill has a missing piece.
(Image credit: Getty Images)

With retirement approaching, you have reviewed your numbers and perhaps are feeling good about what you see.

You have a comprehensive plan. One that accounts for taxes. Protects you from market risk and delivers you a strategic form of income to address your routine monthly expenses. And possibly, even the added costs of any bucket-list items that you hope to check off once you have more leisure time on your hands.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger was not compensated in any way.


This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

David Faulkner, CFP®, RICP®
Partner, Spectrum Advisors

David Faulkner is a CERTIFIED FINANCIAL PLANNER™ professional with Texas-based Spectrum Advisors ( His focus is on holistic retirement planning and financial awareness, and he is fully licensed in investments and insurance.