Long-term care insurance isn’t as prevalent as other types of insurance, despite the fact that long-term care may eventually ...
The unrelenting surge in health care costs is making long-term care a critical piece of retirement planning, advisors say. Medical care costs in August were up 4.2% on an annualized basis, according ...
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How to pay for long-term care
Most people turning 65 today face a 70% chance of needing long-term care at some point — yet insurance remains expensive and ...
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 ...
“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 ...
“When you get older, you have a lot of idiosyncratic health risks. There might be a few retirees with spectacular health costs, and their spending dramatically increases.” That was retirement ...
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 ...
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 ...
As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...
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 ...
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