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 ...
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 ...
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 ...
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 ...
“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 ...
Aging is inevitable. It’s also very expensive. At some point in our lives, seven out of 10 of us will need long-term care. And costs for it are high, rising faster than inflation overall. The annual ...
The U.S. Department of Health and Human Services (HHS) recently released some sobering news for Americans regarding long-term care. The news, which resulted from an analysis of risks related to ...
“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 ...