Long-term care refers to a range of services that assist with daily living activities (bathing, dressing, eating) due to illness, disability, or aging. Considering long-term care in your retirement strategy is important because a significant portion of the population needs some level of assistance at some point. Needs can arise suddenly due to an accident or develop gradually with age or chronic conditions. To plan, consider your health, family history, and desired living situation. Long-term care can be provided at home, in assisted living facilities, or nursing homes. Finally, talking to your doctor, researching options, and potentially consulting a financial advisor are all next steps to determine your potential long-term care needs.