As you enter retirement, you often want to reduce financial risk while keeping your costs down to avoid running out of money. One way to potentially accomplish both lower risk and lower overall cost ...

“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 ...

Part of aging often means requiring extra support, beyond traditional healthcare. For example, many seniors, due to injuries, illness or other aspects of aging, often need long-term care such as a ...

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 ...

As we age, the cost of medical care, assisted living or nursing home stays can become a significant financial burden. Planning ahead is essential to ensure that you or your loved ones aren’t ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

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 ...

Did you know that life expectancy in the United States for men and women increased by about 10 years between 1960 and 2015? According to the U.S. Census Bureau, individuals 65 and older accounted for ...

Question: Sorting out long-term care is a top concern as I approach retirement. However, I'm not sure how to best manage the expense. Is long-term care insurance worth it? Answer: The affordability of ...

The fantastically prolific and always insightful Center for Retirement Research at Boston College (CRR) recently released a study focusing on the actual and perceived risks of paying for ...