Retirement planning

Attorney Mark Patterson poses in his law firm's offices Thursday, Nov. 15, 2018, in Nashville, Tenn. The recent turbulence in the U.S. stock markets is spooking older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. "There's a huge fear of folks my age that they're going to run out of money and they're going to need to rely on the government for help," Patterson said. (AP Photo/Mark Humphrey)

Volatile stock market spooking some older workers, retirees

CHICAGO (AP) — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis.

FILE - In this April 14, 2016, file photo, a son, at right, holds his mother's hand at her nursing home in Michigan. Many Americans have a blind spot when it comes to retirement planning: long-term care costs. Even though the majority of Americans will at some point need long-term care, few are planning for it. Many underestimate the costs and mistakenly believe health insurance can help cover it. (AP Photo/Carlos Osorio, File)

Retirement planning should include long-term care costs

Is financial planning an ‘impossible task’?

A reader who is a divorced mother of two is retiring soon and feeling confused about where to turn for help.