What Is Asset-Based Long-Term Care? Asset-based long-term care insurance is a relatively new type of insurance policy that combines long-term care coverage with an investment component. It is also ...

As millions of people approach their pre-retirement years, life insurance as an income replacement hedge may become less of a necessity. Many families have paid off/down mortgages, built sizeable nest ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.

Many individuals view a need for long-term care as potentially catastrophic to their retirement and estate plans. With the national average cost of long-term care at nearly $300 per day, it is easy to ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

Most people don’t think about the possibility of needing long-term care one day. However, as we age, the likelihood of requiring assistance with daily living tasks increases. According to an HHS ...

Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. “Should I buy long-term care insurance?” I’m often asked this ...

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. For the millions of Americans who don't qualify for traditional ...

As we age, many of us will need some form of long-term care, whether at home or in a facility. With nursing home costs ...