Tammy Flanagan: Planning for the unexpected during retirement

Premiums are going up for new enrollees to the Federal Long Term Care Insurance Program. The average increase is about 30 percent — but it depends on your age...

Premiums are going up for new enrollees to the Federal Long Term Care Insurance Program. The average increase is about 30 percent — but it depends on your age and your policy. Tammy Flanagan is senior benefits director for the National Institute of Transition Planning. She tells In Depth with Francis Rose that price hikes to the long term care insurance are just one example where your expenses during retirement might be higher than you expected.

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