Knowing that your major risk (long-term care) is insured, you can trust that your remaining costs will naturally ease over the next two decades. This separation between your living money and your long-term growth money is the most direct way to eliminate panic during volatility. While claiming at full retirement age is a safe minimum, aiming to delay Social Security until age 70 maximizes your lifetime benefit. Buy protection against catastrophic care costsLong-term care is the single largest threat to a lifetime of savings. Getting a quality long-term care insurance policy protects your nest egg from being wiped out by nursing home or in-home care costs.