Even when a nest egg starts out at $3 million, concerns can arise decades later. One 89-year-old retiree, now at $2 million, worries about how a sudden long-term-care need might upend retirement security.

St. Mary’s Healthcare plans to exit the long-term care sector entirely, having secured a preliminary agreement to sell its nursing home. This decision marks a significant departure from its traditional scope of services in the town of Amsterdam.