Category Archives: Uncategorized

Test Your Long-Term Care Knowledge

Chances are that you or someone you love will need care or become a caregiver. Just think about the reasons for needing care. They range from cognitive diseases like Alzheimer’s to physical limitations from accidents or medical conditions like ALS, cardiovascular disease, diabetes, MS, etc. Here’s a quiz to test your knowledge: RISK: The government projections

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CCRCs Are Not Created Equal

Among options for retirement living is the continuing care retirement community or CCRC. These communities provide a combination of two or more venues that include independent living along with assisted living, memory care and/or skilled nursing usually on one campus. The intent is to provide the services residents require to age in place. As personal

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Stats And Facts That May Surprise You

Every year for the past 19, Broker World magazine has published a survey on long-term care insurance. It’s a huge undertaking and provides valuable information for the industry and consumers alike about the traditional, standalone insurance marketplace. A few highlights: Two carriers, Northwestern and Mutual of Omaha, remained the top two long-term care insurance carriers

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Eat, Drink, Exercise And Sex, Too!

In this article for TIME Health, Jeffrey Kluger and Alexandra Sifferlin summarize findings from a number of new studies on aging. While the end of life is nonnegotiable, we certainly can influence longevity and the quality of our remaining years. Here are just two surprises to living longer and better: Don’t be timid. Those with

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Which LTCI Product Is Right For You?

For most Americans there are just three funding options for long-term care. You could self-fund using income, savings, liquidate investments or perhaps do a reverse mortgage. (We like reverse mortgages but for other financial strategies.) Basically, we just don’t like self-funding as an option. It’s expensive! You could transfer the risk of the expense to

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Worried About Outliving Your Money?

Boomers and Gen Xers may have retirement money worries in common. They both voice concerns about outliving income, but for different reasons. In his article about retirement decisions, Steve Vernon reports on several research studies about retirement income. How to maximize Social Security income? Should retirement be postponed? How to manage medical costs and more.

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What’s Your Long-Term Care Funding Plan?

In his news release, Jesse Slome, executive director of the American Association for Long-Term Care Insurance, details the total of long-term care insurance claims paid in 2017. It’s $9.2 billion. Insurance pays a fraction of the country’s LTC costs Sounds like a lot, doesn’t it? Well, it’s not. It’s barely a fraction of the estimated

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