Here are financial experts' tips and alternative strategies for getting long-term care insurance in your 70s.
Planning for long-term care is a smart way to prepare for the realities of aging. And as Americans live longer, more of us will need support later in life. In fact, nearly 70% of adults over age 65 ...
DEAR SAVVY SENIOR – My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is ...
My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is long-term care ...
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 ...
We often read about the consumer's need for long-term care, but insights into what consumers think about the need for such protection is seldom addressed. A white paper by OneAmerica Financial offers ...
Co-authored with Philip Mause. As we age, one of the things we need to consider is healthcare. It becomes more likely that we might face significant health issues, and the costs can become huge. Many ...
Long-term care (LTC) insurance is pushed as a universally important financial tool. Because Americans live longer, meaning spending more years in retirement without the assurance of steady income, ...
Do long-term care (LTC) insurance policies cover medical and non-medical in-home care? Yes, they do. But make sure you read the actual fine print. Not every long-term care insurance policy covers home ...
A 64-year-old man is gearing up for retirement with $1.5 million in his 401(k), a $2,000 monthly Social Security check and no debt beyond a $1,700 mortgage. His diabetes is under control, but the ...
Dear Savvy Senior: My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is long ...