As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...

About 1 in 7 Americans will spend at least $100,000 out of pocket for long-term care. Health insurance generally doesn't cover long-term care services, and Medicare doesn't cover most expenses. Not ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Demand and costs for care are rising at the same time that a labor shortage threatens to worsen. How can you plan for this need now? By Mark Miller Samir Shah is a forecaster — but he’s an expert on ...

Long-term care insurance helps cover the cost of long-term care you may need later in life — such as nursing home care — once you need help with activities of daily living (ADLs). A policy can help ...

Chances are you will need some form of long-term care (LTC) during your lifetime. This is largely because we are living longer. In fact, JP Morgan reports that if you are 65 and a non-smoker, your ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Dear Savvy Senior: My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is long ...

Most investment portfolios are designed with growth as the primary objective. But in retirement, especially when considering long-term care needs, your portfolio must serve multiple masters. After ...

I am retiring in January, when I turn 70 and my wife, Sharon, will be 66. I have heart issues, with atrial fibrillation (AFib), and Sharon is a diabetic. Last month, we each applied for a long-term ...

I often talk about “bucketing”—structuring a portfolio based on anticipated spending needs—in relation to overall retirement spending. Parking near-term spending needs in cash, intermediate-term ...

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 ...