As we age, the possibility of needing assistance with daily activities becomes a reality for many. Long-term care insurance (LTCI) is one way to prepare for such needs, providing financial support for services like home care, assisted living, or nursing home care. Let’s explore what LTCI is, its pros and cons, tips for selecting the […]
Read moreYou probably have heard how expensive long term care insurance is. And it is. Premiums could range from $1,000 to $3,000 a year. But that may still be less expensive than paying your own way at a nursing home or other facility. Still, there are some strategies to reduce the costs of those premiums. The […]
Read moreWhen it comes to shopping for long-term-care insurance, it’s buyer beware. The costs of long-term-care can be astronomical and would quickly wipe out one’s savings. Many boomers are looking to buy long-term-care insurance to cover that risk. But many are finding out that they didn’t really understand what they had purchased. According to an article […]
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