The years between 60 and 70 are years of important transitions. You might still be working, thinking about retiring or already be retired. You might need to reduce monthly expenses so you can afford to retire. You become eligible for Medicare and probably begin to receive Social Security. You may also be thinking about where you want to live in your retirement. You might have a spouse or other family member who requires caregiving. You might be adjusting to health issues or other disabilities. All these factors will affect your long-term care planning.