Long-Term Care Insurance

Found 61 Articles.
Get access to 65 articles by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

An Answer To Today’s Long-Term Care Crisis

May 22, 2019

My favorite long-term care protection plan has been improved and has become attractive to more people than before. You have more options than ever to help pay for future long-term care, and these newer options are significantly more appealing and rewarding than traditional long-term care insurance. I’ve covered in the past the many troubles in […]

Unveiling the Retirement Watch Family Caregiver Planning Guide

March 17, 2019

Family caregiver planning has some simple rules… And some not-so-simple rules. For starters, any caregiver agreements involving family members should be in writing. That is, unless the person providing the care is being altruistic (being a friend), and expects nothing in return now or in the future. Often when one family member provides care for […]

Multiplying the Money Available for Long-Term Care

October 15, 2018

Traditional long-term care insurance might be dying, but there are other, and probably better, ways to protect your family and assets from the potentially onerous costs of long-term care. In 2017, only 66,000 traditional long-term care (LTC policies) were sold. That’s 10% of the number sold 20 years earlier. Steep premium increases on existing policies […]

The Family Caregiver Planning Guide

May 1, 2018

Many estate plans fail, and often not because of any flaws in the documents or the plans. Estate plan failures frequently occur in the implementation and execution. Especially important are actions taken by others, often your children. They’re likely to be the ones putting key parts of the plan into action, not you. To ensure […]

Long-Term Care Insurance Premiums Decline

January 4, 2018

After years of steady increases, premiums on traditional long-term care insurance policies declined in 2017, according to the American Association for Long-Term Care Insurance. A couple in their 60s today can expect to pay $3,490 annually for policies that will pay $666,000 in benefits at age 85. According to the 2018 LTC Price Index, the […]

7-ways-to-compare-long-term-care-insurance

7 Ways to Compare Long-Term Care Insurance

October 13, 2017

I’ve found that long-term care is, without question, one of the most difficult aspects to handle in retirement planning. In Part 1 of our LTC piece last week, we covered some of the basics of long-term care, such as costs, elimination periods, and types of payouts. In today’s story, we’ll “cut through the sales talk” […]

Long-Term Care Insurance in Review

October 10, 2017

This article explores the brief history of private long-term care insurance in the U.S. You’ll learn how the number of insurers offering the policies has diminished, and in response fewer consumer are buying the policies. LTC carriers have traditionally been relatively small subsidiaries of large life insurers, many of them publicly traded. And shareholders are […]

solutions-to-retirements-long-term-care-question

Insurance Solutions to Retirement’s Long-Term Care Question

October 6, 2017

Long-term care expenses are one of the great retirement fears. For many people, the cost and uncertainty of long-term care are only one reason for the anxiety. Even more anxiety is triggered by trying to sort through the options to fund potential long-term care expenses. Comparing the choices baffles even many financially savvy people and […]

November 2020:

Congress Comes for your Retirement Money

A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.
X

Log In

Forgot Password

Search