Author Archives: Nicole Gurley

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.

Read More

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 mainly 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

Read More

Life Insurance Versus Long-Term Care Insurance

We often are asked what the difference is between life insurance and long-term care insurance (LTCI). One answer is it’s the difference between mortality (death) and morbidity (illness). But both insurance products are designed to protect income, assets and standard of living. Underwriting life and LTCI are both based on claims experience, life expectancy, health

Read More


Does Medicare pay for long-term care?

Years ago, I managed the regional multi-state Medicare business for a large, well known insurer. Frequently, I would hear stories about a person aging into Medicare who had talked to a friend who worked with a guy that knew an expert who told them that Medicare paid for long-term care (LTC). Still today it’s not

Read More