The doubling of the elderly population over the coming decades means a substantial increase in the number of people who will need long-term care. As the need for care increases, so too does the cost of services.

If you’re a stock market junkie or perhaps even just a mildly active investor, you probably know. But if you shy away from 401(k) statements or sidestep making decisions about savings plans, you might not. And that might not be a wise thing these days.