I went to this amazing seminar on housing and aging with speaker, Kathleen Pritchard, from Legg Mason presenting their findings. She explained clearly the impact of living longer and considering the Go-Go retirement year AND the Slow-Go AND No-Go years. This video is a fabulous summary to get you started with better financial planning.
Legg Mason in collaboration with Johns Hopkins University School for Nursing has developed comprehensive information on housing options in retirement and the associated financial planning implications.
Check it out here: http://wealthmanagement.com/fix-my-practice/now-what-not-strategy-evaluating-senior-housing-options-crisis
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