As health care costs continue to climb, there are four words you’re going to hear more and more over the next few years … “long-term care insurance.” It’s something more retirees — and pre-retirees — will want to seriously consider to prevent their savings from getting depleted as they age.

Here is a primer on long-term care insurance, as well as another long-term care option that can help further protect your retirement savings.
What is long-term care insurance?
Much like health insurance, long-term care insurance is a financial product designed to help you pay fo…