Toni: Recently, you wrote a Medicare column about various life policies available after 65, and I have a retirement insurance ...
Navigating long-term care insurance decisions can be overwhelming, and the challenges will only increase after the recent presidential election. The reality is that senior care will not be a priority ...
Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know. By Jordan Rau This article is part of the Dying Broke series examining how the immense financial costs ...
Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...
Did you know that a private room in a nursing home costs, on average, about $9,800 per month in 2024? And, while home health aides cost less on average, the nearly $6,000 per month price tag can still ...
A printed email to Ken Kollmeyer outlines a request from his insurance company for a 70 percent rate increase. Credit: Shahrzad Rasekh / CT Mirror Members of the Insurance and Real Estate Committee ...
Planning for long-term care is a smart way to prepare for the realities of aging. And as Americans live longer, more of us ...
Mutual of Omaha offers standalone long-term care (LTC) insurance, an increasing rarity in the life insurance space. It has an age cap of 79 in most states and boasts outstanding customer service, both ...
Long-term care insurance can offer significant tax benefits, making it a financially savvy choice for those planning for the future. Premiums paid for qualified long-term care insurance policies are ...
In the previous installments of the Essential Pre-Retirement series, I covered when to take Social Security and transitioning to Medicare. Now, let’s move into the final topic covering long-term care ...