Category Archives: Uncategorized

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 Have Some Sex!

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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The State Of Long-Term Care Insurance

Today, about 6% of the cost of long-term care is paid by private insurance. That’s because so few have planned for this expense. If you think about it, longevity is new to humankind. It’s really only two or three generations old. Longevity brings with it new requirements like retirement financial planning. And, long-term care expense

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