It’s no secret that Americans are living longer than ever. While that’s great news, it also creates a number of personal and social challenges. According to the Centers for Disease Control, for a couple in their mid-60s, there is a 50 percent chance that at least one of them will live into their mid-90s. That means Americans planning to retire in their mid-60s need financial plans that ensure sufficient income and savings for up to 30 years and account for any potential unforeseen expenses. One of the most significant of these is the necessity for long-term care. Statistics on the subject are telling. According to a report by the Kaiser Family Foundation.