Long-term-care insurance offers protection, but it’s not right for everyone
In the last years of Martin Privot’s life, his family had to start selling his assets to pay for his nursing home costs. “He needed 24-hour care and couldn’t be left alone,” recalls his daughter Toni Footer. “My biggest fear was we would run [through his money] and wouldn’t be able to provide the care that he needed.” Read full article >>
Elderhood Project: Long Term Care Insurance
Here are the most recent story comments. View All My parents needed long term care and unfortunately we burned through all of their assets until medicare kicked in. We were too late to apply for insurance. So my husband and I invested in a ltc plan.
DAVE RAMSEY: Insurance is good for risks you can't afford
Dear Dave: I've got auto insurance, but can you tell me what other kinds of insurance are good to have? — Chris
Nation's Largest Long-term Care Insurance Organizations Co-sponsor Conference
The long term care insurance industry's two leading organizations have partnered for the first time to conduct a national industry conference.
7 financial mistakes many retirees make
CHICAGO — Despite the best of intentions, retirees tend to make the same money mistakes over and over and over again. Repeating a scenario isn't pleasant when you could learn to speak French or go out for