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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is currently the senior insurance editor for Investopedia. He oversees the ...
When you imagine your retirement journey, you likely picture trips to the beach, leisurely days with the grandkids and lots of time for hobbies. A lengthy stay in a nursing home probably isn’t part of ...
Planning for long-term care as you age can be a smart financial move — a practical way to prepare for the realities of ...
“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...
Few things can disrupt a retirement like the need for long-term care. Long-term care comes into play when you need help with daily living activities such as bathing, eating or dressing. The cost of ...
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 ...
I have had a long-term-care insurance plan for 15 years. During that time, they’ve raised my premiums 356%. It’s now $12,000 ...
Rising premiums for long-term care insurance have left many policyholders feeling frustrated and overwhelmed. After years of diligently paying into their policies, receiving notices of steep price ...
A printed email to Ken Kollmeyer outlines a request from his insurance company for a 70 percent rate increase. Credit: Shahrzad Rasekh / CT Mirror CT Mirror’s independent, nonprofit journalism depends ...
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 ...
It is vital to plan the future, and the knowledge of WA Cares long-term care benefits will help the citizens of Washington considerably. This guide describes how Washington cares fund long-term care ...