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 ...

In the previous installments of the Essential Pre-Retirement series, I covered when to take Social Security and transitioning to Medicare. Now, let’s move into the final topic covering long-term care ...

Long-term care insurance can help pay for care needs, but it’s important to be aware of the elimination period and inflation ...

When planning your financial future in your 40s, one important part of the process is considering the unexpected, as there are any number of unusual expenses that can arise and cause issues with your ...

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 ...

“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 ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.

Getting care in the U.S. has been getting increasingly expensive. Hospital stays, prescription drugs and assisted living costs are just a few of the many areas of healthcare and long-term care that ...

When you begin to explore your long term care insurance cost, it’s easy to get overwhelmed by numbers, fine print and “what-ifs”. Yet this cost is critically important: after all, most of us will need ...

Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...

Navigating long-term care insurance decisions can be overwhelming, and the challenges will only increase after the recent presidential election. The reality is that senior care will not be a priority ...