I’m 60 and want a long-term care policy before I retire. Is this a good idea, and how can I find the best option?
Key takeaways
- I’m 60 and want a long-term care policy before I retire.
- Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’
- Prime US real estate was a rich person s game — then something changed.
I’m 60 and want a long-term care policy before I retire. Is this a good idea, and how can I find the best option? Juice Flair/Envato Christy Bieber Sat, June 6, 2026 at 8:00 PM GMT+7 6 min read Long-term care planning is one of the most important tasks on your to-do list when preparing for retirement. Around 70% of adults (1) who survive until age 65 develop “severe” long-term care needs before they die, and 48% receive at least some paid care over their lifetime according to the Office of the Assistant Secretary for Planning and Evaluation.
Unfortunately, the costs of care can blow through your nest egg, with the annual median cost of an assisted living facility totaling $70,800 per year and the annual median cost of a semi-private room in a nursing home totaling $111,325, according to the Genworth Cost of Care Survey (2).
Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this ‘explosion’