Kia McCallister, director at America Saves, joined Cheddar News to talk about how families and individuals can prepare for retirement, and more specifically, for their long-term care needs. According to the 2022 Planning and Progress Study by Northwestern Mutual, Americans, on average, need at least $1 million to retire comfortably. McCallister talked about a number of affordable and accessible options that are currently available for aging seniors.

Share:
More In Business
Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
Load More