Is It Too Late to Get Long-Term Care Insurance?

No matter your age or health, insurance is never a simple thing. When it comes to long-term care insurance – something which many more Baby Boomers are considering – the questions increase exponentially. Specifically: Is there a cut-off for getting long-term care ...

 
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Assisted Living, Senior Care Costs on the Rise: Who Will Pay?

We have mounting healthcare and energy expenses and a still-wavering economy to blame for a sharp rise in the cost of care for seniors, says a new MetLife report. Per this article in Bloomberg Business Week, long-term care expenses rose 5.6 ...

 
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How Do I Pay for Assisted Living?

Assisted living is an extremely popular option for those who need assistance with day-to-day tasks but do not necessarily require the advanced medical/skilled care provided in a nursing home. Some prefer assisted living care because it fosters independence in ...

 
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Prudential LTC Cost Study: Calculating the Cost of Care

The folks at Prudential have done it again: the 2010 Long Term Care Cost Study, that is.

Click in to read the full report.

Home care, nursing homes, and assisted living communities are covered in this comprehensive report, which offers statistics, graphs, and detailed information on the costs of long term care. The report also delves into how many consumers are utilizing these types of care, and what the future need ...

 
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Long-Term Care Can Deplete Seniors’ Savings Quickly

Many people put a great deal of effort into saving and planning for retirement in order to be sure their needs are met. My parents dutifully saved and paid their long-term care premiums in order not to be a burden on me (as an only child) in their later years. Yes, I'm lucky!

I have also recently spoken to a financial planner about not only our retirement plan, but also ...

 
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