​Individual retirement accounts, also known as IRAs, are popular vehicles used to save for retirement. According to a 2013 study from the Employee Benefit Research Institute, Americans own a collective 25 million individual retirement accounts. Those IRAs hold nearly $2.5 trillion in assets.1
 
There are many different types of IRAs, and each type has its own set of unique benefits. It’s not always easy to know which type of IRA is best for your needs and goals.

​If you’re planning your retirement, you may be aware of the risk posed by long-term care needs. Long-term care is extended assistance with daily living activities such as eating, mobility and bathing. Long-term care is often provided either in a facility or in the home, and it is usually very costly.
 
AARP recently published a report on the current state of long-term care. Specifically, it ranked each state by the quality and affordability of care available to seniors. While the scores and information vary by state, there is some information that’s applicable to all retirees, regardless of where they live.