Life is Unpredictable—Your Financial Future Shouldn’t Be When we talk about retirement, most people think about travel, grandkids, and maybe even downsizing to a cozy cottage near the lake. But one thing many overlook—until it's too late—is planning for the potential need for long-term care (LTC). Whether it's a stay in a skilled nursing facility, help with daily tasks at home, or assisted living services, long-term care can become an expensive reality for many Americans.