Tag: Long Term Care Insurance
A “cost of care” survey reveals high annual expenditures for care. People are often unaware of the fact that health insurance and Medicare will pay little, if any, of the costs of long-term care, according to the New Hampshire Business Review in “The dilemma of long-term care“. Some families may try to care for a […]
Whether you want to keep it, depends on the kind of insurance. People obtain life insurance at a time in their lives when they need protection. However, what happens when the nest becomes empty and you are financially secure? The question is tackled by the Milford Beacon in “Should you keep your life insurance?“. For […]
It is not only your decisions that create a comfortable retirement but also the impact of economic events. One of the keys to supporting a successful retirement, is to generate sufficient income to enjoy a comfortable retirement and also employ tactics that protect your income from possible changes over time, according to CNBC.com in “Here […]
Some issues are not easy to approach for discussion. However, they are necessary. With holidays upon us, it is perhaps a good time to have a conversation with your parents about long-term care and other aging issues, according to News3LV in “Tough talks over turkey: Is it time to have “The Talk” with your parents?“. […]
It can be expensive for you and you might want to talk to other family members about the finances. The primary caregiver for an elderly family member needs to go into the position knowing it will be costly to them as well, according to The Motley Fool in “The High Cost of being an Elderly […]
The older one gets, the more expensive the insurance becomes, that is, if it is still available. The possibility of needing long-term care insurance can be a thought that one would like to avoid. However, the truth is it should be discussed and taken into consideration in retirement planning, according to CNBC in “Plan ahead […]
There are several measures you can use to protect yourself and your family. The life expectancy for Americans is getting longer and longer, with the concept that the longer you live the more likely you’ll have an even longer life span, according to Kiplinger, in “Are You Ready for Longevity? 4 Steps to Take Now“. […]
Long-term care for future nursing home care may be your best option, but perhaps it isn’t. What your plans are for your estate and your circumstances may determine your need for long-term care insurance, according to the Wills, Trusts & Estates Prof Blog discussed it in “Should You Buy Long-Term Care Insurance?“. Medicaid will pay […]
A report with recommendations has been issued by a group of experts on the long-term care policies in the U.S. A report on the financing of long-term nursing home care has come at a time when the aging population in the U.S. needs even longer stays in nursing homes and the question continues on how […]
The amount of long-term-care insurance premiums that can be deducted from your taxes has been increased. The sustainability of long-term-care insurance has been questioned recently concerning losing coverage after missing premium payments. Against this backdrop, however, the Internal Revenue Service might be trying to encourage the purchase of long-term-care insurance as it has increased the […]
