As millions of people approach their pre-retirement years, life insurance as an income replacement hedge may become less of a necessity.

As people live longer and health care costs continue to rise, the need for long-term care (LTC) insurance has become increasingly important in retirement planning. This insurance has evolved ...

Long-term care insurance is a financial planning tool that can help you pay for services like nursing homes, home health aides and more when you need them. And, if you purchase coverage, and need ...

Long-term care can be expensive. In fact, "the cost of care can be up to $10,000 a month for care in a nursing home, some more some less depending on the city and state the client receives care in," ...

When it comes to financial responsibilities throughout long-term care, it is not always so clear-cut. An important consideration is asset spend-down. This process is how one lowers their financial ...

According to the American Association for Long-Term Care Insurance, your chances of being denied long-term care insurance ...

Los Angeles, CA February 17, 2023--(PR.com)-- Long-term care insurance companies paid out a record $13.25 Billion in 2022 according to the American Association for Long-Term Care Insurance (AALTCI).

Several years ago, when I was helping care for my parents toward the end of their lives, they were adamant they wanted to stay in their home for as long as possible. I quickly realized we would need ...