Long-Term Care Insurance
Long-Term Care: Other Coverage You May Want to Consider
Long-Term Care: Other Coverage You May Want to Consider
A third of applicants are rejected from buying long-term care insurance. Here are some smart alternatives.
June 7, 2022
Long-Term Care Insurance Premiums Rising, Benefits Shrinking
Long-Term Care Insurance Premiums Rising, Benefits Shrinking
There's a 70% chance you'll need some type of long-term care. Getting the right insurance is more complex these days. Here's some guidance.
June 2, 2022
Short-Term Insurance Plans' Good, Bad and Ugly
Short-Term Insurance Plans' Good, Bad and Ugly
You'll need a clear-eyed analysis to gauge the value of short-term care insurance plans and if they're right for you.
May 26, 2022
The Ins and Outs of Self-Insurance in Retirement
The Ins and Outs of Self-Insurance in Retirement
The costs of long-term care are already exorbitant and will only get worse. Follow this guidance to get in front of the issue.
April 12, 2022
Is Hybrid Long-Term Care Insurance Right for You?
Is Hybrid Long-Term Care Insurance Right for You?
If you hate the idea of paying for long-term care insurance you may never use, a hybrid policy could be for you. The money you paid in premiums doesn’…
October 28, 2021
Subscribe to Kiplinger's Personal Finance
Be a smarter, better informed investor.
Plan Now for Long-Term Care
Plan Now for Long-Term Care
You could buy insurance to finance future costs, but policies are pricey. Here’s how to decide whether you need coverage.
July 28, 2021
A Woman’s Guide to Long-Term Care
A Woman’s Guide to Long-Term Care
Who needs long-term care insurance … and who might be able to do without it?
July 11, 2021
Long-Term Care Insurance – To Buy or Not to Buy?
Long-Term Care Insurance – To Buy or Not to Buy?
Should you buy long-term care insurance or save up to self-insure? There are many trade-offs to consider. And, surprise: It doesn’t have to be one or …
May 27, 2021
You Can Keep Some Assets While Qualifying for Medicaid. Here's How
You Can Keep Some Assets While Qualifying for Medicaid. Here's How
There are some tools you can use to avoid spending down all of your assets, and potentially impoverishing a spouse, while still meeting the qualificat…
May 24, 2021
The Odds Say Long-Term Care May Be in Your Future: Are You Prepared?
The Odds Say Long-Term Care May Be in Your Future: Are You Prepared?
There are options other than long-term care insurance, so it’s a good idea to examine your options sooner rather than later.
May 11, 2021
Deduct Expenses for Long-Term Care on Your Tax Return
Deduct Expenses for Long-Term Care on Your Tax Return
The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.
March 23, 2021
Caught in the Middle: How Young Parents Can Plan for Long-term Care
Caught in the Middle: How Young Parents Can Plan for Long-term Care
One family’s story shows how important long-term care plans are … and how whole life insurance with a long-term care rider can help.
October 29, 2020
Insurance for Long-Term Care at Home
Insurance for Long-Term Care at Home
In the wake of COVID-wracked nursing homes, increasingly more people are looking at options to age in place with long-term care insurance.
September 17, 2020
Time for an Insurance Review
Time for an Insurance Review
You may need to update your policies in light of COVID-19.
July 30, 2020
Choosing the Best Long-Term Care Insurance Policy
Choosing the Best Long-Term Care Insurance Policy
Here are three questions to answer that can help steer you in making this critical retirement planning decision.
June 9, 2020
How Can a Trust Help You Avoid Nursing Home Costs?
How Can a Trust Help You Avoid Nursing Home Costs?
An asset-protection trust is one strategy to consider to help preserve your family's legacy, but it must be done thoughtfully ... and early.
April 28, 2020
The Real Reasons People Decide to Buy Long-Term Care Insurance
The Real Reasons People Decide to Buy Long-Term Care Insurance
Before you dig into costs, benefits and contingency plans, step back and look at the big picture. This decision is bigger than budgets and life-expect…
April 6, 2020
Avoid the Obstacles of Long-Term-Care Claims
Avoid the Obstacles of Long-Term-Care Claims
Filing a claim can be an ordeal, but these preventive measures will streamline the process.
October 31, 2019
Time to Get Your Head Out of the Sand about Long-Term Care
Time to Get Your Head Out of the Sand about Long-Term Care
As more Boomers are becoming caregivers themselves for their parents and loved ones, the realities of the costs and work involved are sinking in. It's…
October 8, 2019
What to Know Before Purchasing a Long-Term Care Rider
What to Know Before Purchasing a Long-Term Care Rider
Do you know the difference between a long-term care rider and chronic illness rider? Section 7702B and Section 101(g)? If you're contemplating a life …
September 27, 2019
The Costs of Caregiving Go Far Beyond the Obvious
The Costs of Caregiving Go Far Beyond the Obvious
Seeing a loved one through a long illness or disability is an expensive proposition, and that’s not just in a financial sense. To be ready for this im…
May 3, 2019
Thinking of Paying for Long-Term Care from Your IRA? Think Again.
Thinking of Paying for Long-Term Care from Your IRA? Think Again.
Chances are a big portion of your retirement savings are in pretax accounts like a 401(k) or IRA. If you need to tap those accounts for costly care, y…
March 19, 2019
How to Afford Long-Term Care
How to Afford Long-Term Care
Your options range from conventional coverage to tapping your life insurance benefits.
January 31, 2019
Retirement Housing Options for LGBT Seniors
Retirement Housing Options for LGBT Seniors
The number of lesbian, gay, bisexual and transgender Americans age 65 and older is projected to reach seven million by 2030.
January 7, 2019
Something BIG Could Be Missing from Your Retirement Plan
Something BIG Could Be Missing from Your Retirement Plan
About 70% of people who reach age 65 could potentially need long-term care at some point in their lives, and it can easily cost $100,000 a year. You n…
October 24, 2018
Caring for Your Aging Parents: How to Prepare
Caring for Your Aging Parents: How to Prepare
The time to get ready is well before the time comes. Here's how to approach some important talks and what you need to cover.
September 21, 2018