I'm 54 in great health and have $3 million saved for retirement - should I still consider long-term care insurance?

Making decisions before retirement can be stressful, yet with the right support, such as a financial advisor, the process becomes manageable and less fraught with risks.

Retirement planning should not be tackled alone; having a financial planner can yield better outcomes, just like having a coach improves performance in sports.

One individual's experience illustrates how crucial long-term care options are; even with significant savings, proper advice is essential to avoid future financial pitfalls.

Retiring with substantial savings such as $3 million can facilitate a comfortable lifestyle, but planning and consideration of social security are vital to ensure stability.

Read at 24/7 Wall St.