Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...
When the same long-term care insurance policy is purchased at age 60, the average annual premium for a single male is $1,200 ...
Demand and costs for care are rising at the same time that a labor shortage threatens to worsen. How can you plan for this need now? By Mark Miller Samir Shah is a forecaster — but he’s an expert on ...
Most Americans participating in a new survey said that if they need long-term care, they want to receive it in their own ...
I often talk about “bucketing”—structuring a portfolio based on anticipated spending needs—in relation to overall retirement spending. Parking near-term spending needs in cash, intermediate-term ...
If your appeal isn't successful, your mother will be considered a private pay patient. While she will not have her benefits ...
Aisha Adkins’ mother Rosetta was adamant that she wanted to age at home. So when Rosetta’s dementia started worsening at age 59, Aisha started looking around for options. She quickly found that ...
Few people want to talk about the end of their life, but it’s an issue that many of us will have to manage. The average American lives seven years longer today than 60 years ago. However, the ...
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 ...
Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...
If you think you’ve saved enough for retirement, you may not be thinking about long-term care. The long-term care industry serves people who cannot perform everyday activities, like dressing or eating ...
The number of Americans who live past 85 is expected more than double in the next 25 years, the Census Bureau projects, leading to a surge in demand for long-term care. Long-term care involves helping ...