News
Shopping for Long-Term Care Insurance at Age 50, 55, 60 and 65? What You Need to Know
1+ week, 8+ hour ago (1354+ words) Long-term care insurance can help offset one of the biggest financial blind spots in retirement. But timing and strategy are everything. Shopping for furniture or a new car is fun, or at least it can be. Shopping for long-term care…...
How to Pay for Long-Term Care
1+ week, 22+ hour ago (1807+ words) At some point, most people will need long-term care. But insurance can be pricey. Here's a guide to covering all of your expenses. Chances are you will need some form of long-term care (LTC) during your lifetime. This is largely…...
It's Time to Bust These 3 Long-Term Care Myths (and Face Some Uncomfortable Truths)
4+ mon, 3+ hour ago (1231+ words) None of us wants to think we'll need long-term care when we get older, but the odds are roughly even that we will. Which is all the more reason to understand the realities of LTC and how to pay for…...
Quiz: Test Your Knowledge of the OBBB, Wealth Transfer and Early Retirement
9+ mon, 1+ week ago (195+ words) The financial professionals who contribute to Kiplinger's Adviser Intel recently wrote about the OBBB's impact on retirement, how to ensure your wealth passes to your family and early retirement questions. The financial professionals who contribute to Kiplinger's Adviser Intel are…...
I'm 60 With $2. 8 Million Saved. I'm Tired of Working, But Need Health Insurance Until Medicare Kicks In.
10+ mon, 4+ hour ago (888+ words) The 'healthcare desert' is real. We ask financial experts for advice. Question: I'm 60 with $2. 8 million saved. I'm miserable working, but I need health insurance until I can get Medicare at age 65. What are my options? Answer: By age 60, you may…...
A Financial Professional's Take on Long-Term Care Insurance: Buy or Not?
10+ mon, 4+ day ago (1047+ words) Unless you have about $6, 000 burning a hole in your pocket every month, you should make a plan in case you need long-term care. Luckily, you have options. Americans have a good chance of living well into old age these days,…...
You Don't Want It, But You Should Plan for It Anyway: An Expert Guide to Long-Term Care
10+ mon, 3+ week ago (1139+ words) Planning for long-term care is crucial to protect your independence, family and financial stability against unexpected health events and rising care costs not covered by standard insurance. You've worked hard, saved wisely and planned for a fulfilling retirement. But what…...
Retirement Health Care Costs Are On the Rise: What You Need to Know
10+ mon, 3+ week ago (616+ words) A 65-year-old retiree will face significantly higher lifetime health care costs than they would have a year ago, even with Medicare. Here are the surprising totals. The cost of health care in retirement is getting more expensive as the price…...
A Financial Planner's Guide to Planning for Retirement Health Care Expenses
10+ mon, 4+ week ago (820+ words) Whether you're eligible for Medicare or getting coverage through the Affordable Care Act, make sure you plan for premiums, deductibles and other out-of-pocket costs. If you're like many pre-retirees, you dread the task of estimating your retirement health care expenses....
I Have Plenty of Money: Why Do I Need a Long-Term Care Plan?
11+ mon, 4+ day ago (964+ words) Long-term care planning, whether through insurance or self-funding, is crucial not only for financial protection but also to preserve family relationships and reduce the emotional and logistical burdens on loved ones. It's a question we hear often from financially confident…...