For most retirement savers, one of the biggest decisions you'll make in your 70s and 80s is not about your portfolio.

It's not about Social Security timing, and it's not about Roth conversions. It's about where you're

going to live. But that decision is often framed and approached the wrong way, because it's not just

about where to live. It's also about how care will be delivered, coordinated, and paid for if your

health changes later on. And that's exactly what today's episode is about. The housing and care

decision later in life, a topic most retirement savers have not fully thought through and one

that most financial plans often ignore. Specifically, I'm walking you through the four main

paths people take, the risks

each one shifts or solves, and what you need to know about continuing care retirement

communities, including a little known tax planning opportunity. I'll also explain why the best

time to be thinking about all of this is usually when you feel far too young to be thinking

about it.

Welcome to another episode of the Stay Wealthy Retirement Show. I'm your host Taylor

Schulte and every week I tackle the most important financial topics to help you stay

wealthy in retirement. And now on to the episode. When most people think about housing and retirement, they approach it the same way they did during

their working years. Where do I want to live? What kind of home do I want? What neighborhood? What square

footage? Those are lifestyle questions, but in your 70s, 80s, and 90s, the housing decision

stops being just about lifestyle, and it starts being more about care. Everyone has heard

the stat before. Roughly 70% of adults over age 65 will need some form of long-term care during

their lifetime. What's less talked about is just how big this demographic shift really is.

This country is getting older in a more sustained, meaningful way. According to the Census Bureau,

we now have more than 61 million adults age 65 and older living in the U.S., and by 2050, that number

...