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Slightly more than half (63 percent) of respondents to Prudential’s latest long-term care survey say they’re confident about their ability to pay for long term care.

“There’s no question that as Baby Boomers age and approach retirement, one critical component to their financial plan – sometimes overlooked with dire consequences – is how to protect retirement savings, income, choice, and independence from the impact of a long-term illness or disability,” says Malcolm Cheung, vice president, Prudential Long-Term Care Insurance.

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