Why is planning for Long-Term Care so important? Long-Term Care can be one of the biggest risks to Americans’ retirement plans, with 52% of Americans turning 65 eventually developing a serious disability requiring long-term Care. Planning now, while you are younger and healthier, is a wise thing to do–and it can save you money and protect your assets in the future saving the stress of a financial burden to you and your family. To execute a sound retirement strategy, asset and income protection are a must. Designing that strategy encompasses managing costs for extended periods of care, can help create the necessary balance in a portfolio to ensure stability and protection of those assets.