“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...
Planning for long-term care is a smart way to prepare for the realities of aging. And as Americans live longer, more of us will need support later in life. In fact, nearly 70% of adults over age 65 ...
In my 34 years of advising retirees and those transitioning into retirement, I have not seen a stock market drop cause anyone with a properly managed and diversified portfolio and reasonable spending ...
Most people will need some form of long-term care as they age. Planning for that care is one of the biggest challenges older Americans face. Enter long-term care insurance, which helps cover the costs ...
Forbes contributors publish independent expert analyses and insights. I cover tax, budget and retirement policy from Washington Three things are true about long-term care, though many Americans don’t ...
Retirement planning is challenging. One of the biggest challenges is figuring out how to pay for long-term care costs. According to research from the Boston College Center for Retirement Research, ...
Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...
Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...