Imagine that you’re 68 years old and have a long-term care insurance policy in place that will help you pay for this all-important type of care later in life. You pay $600 per month in premiums and ...

For Laurie Craigen, the realities of senior medical costs hit hard when her grandmother needed hospice care. "It was a stressful time for the family because we were trying to figure out how to ...

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 ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

There are two key factors you need to consider when deciding whether long-term care insurance is a good decision.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Welcome to Ask Lacey, an advice column in which accredited financial counselor and MilMo founder Lacey Langford answers your pressing financial questions. Have a question for Lacey? Submit it here. Q.

Long-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many households aren't prepared to manage the expense. "People don't plan for it in advance," said Carolyn ...

As the US population continues to age, a growing number of Americans are ill-prepared for the financial realities of long-term care, according to new findings from Nationwide. Based on its 2025 ...

The unrelenting surge in health care costs is making long-term care a critical piece of retirement planning, advisors say. Medical care costs in August were up 4.2% on an annualized basis, according ...

Few people want to talk about the end of their life, but it’s an issue that many of us will have to manage. The average American lives seven years longer today than 60 years ago. However, the ...