This new rule will give families more flexibility by allowing some people to tap into their retirement savings early without the usual penalty, to help cover the cost of long-term medical care even ...

Medicare doesn’t cover nonmedical long-term care. This is why purchasing a policy to help with a long-term need becomes ...

Twice a week, our CEO and resident money guru Jean Chatzky tackles your burning questions in the HerMoney newsletter. We’ve ...

Long-term care insurance is a product designed to help you plan for the financial burden associated with a potential need for long-term care later in life. And that burden isn't just a costly one, ...

Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

Many older Americans should review whether their estates or adult children might be required to pay for long-term care they ...

As our population continues to age and life expectancies rise, the need for long-term care services has become an increasingly important consideration for many people. But while this type of medical ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

I often talk about “bucketing”—structuring a portfolio based on anticipated spending needs—in relation to overall retirement spending. Parking near-term spending needs in cash, intermediate-term ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

Rusty had paid for a long-term care policy for many years. Then, one day, his daughter found a cancelation notice for nonpayment of premiums sitting on his desk. “Dad, why are you not paying the ...

Demographers have long warned a “silver tsunami” of baby boomers would overflow nursing home capacity. That time is nearing.