October 18th, 2013

By USAA

You’ve worked hard to set aside money to retire comfortably, but a major medical event could eat up decades of savings in just a few years or even months.

“Custodial care can cost $80,000 a year or more,” says J.J. Montanaro, a certified financial planner ™ practitioner with USAA. “That’s one way for health care to submarine your retirement plans.”

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