Here are three tricky decisions that confront people planning for retirement today. Decision 1: How Much to Withdraw Each Year in RetirementIt’s impossible to determine the “right” withdrawal rate at the outset of retirement. Twenty years ago, buying long-term-care insurance was the standard prescription for covering long-term-care costs for middle-income and upper-middle-income adults. While recent interest rate hikes have improved the economics of the long-term-care insurance industry, premiums have increased and several insurers have exited the business altogether. This now means that purchasing pure long-term-care insurance is by no means a no-brainer.