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Retirees ill prepared for the long-term costs (AP via Yahoo! News)

The high cost of long-term health care will drag down the quality of life for nearly two-thirds of today's retirees. It can cost $77,000 a year for a nursing home room and $20,000 for in-home care, expenses that many people are ill prepared to absorb, said the Center for Retirement Research at Boston College.
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Retirees ill prepared for the long-term costs - The Associated Press

Retirees ill prepared for the long-term costs The Associated Press Other options have been developed by the industry in the past few years including life insurance policies and fixed annuities which carry a long-term health care riders. Those products cost more than straight insurance polices, but offer guaranteed ... Long-Term Care Costs Cause Increase in National Retirement Risk Index Business Wire (press release) all 60 news articles
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Senate approves pension overhaul (Boston Globe)

By Matt Viser, Globe Staff The State Senate this afternoon unanimously approved a pension reform package to eliminate some of the generous deals and hidden provisions that have allowed some Massachusetts public employees to win enhanced retirement benefits. "The purpose...
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Putnam Investments Names Industry Veteran Ben Lewis to Lead ... - FOXBusiness

Putnam Investments Names Industry Veteran Ben Lewis to Lead ... FOXBusiness Securities, when offered, are offered through GWFS Equities, Inc., a wholly owned subsidiary of Great-West Life & Annuity Insurance Company. FASCore is affiliated with Putnam. FASCore is 4th largest recordkeeper, based on participants, according to ...
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