“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 ...

Long-term care can be expensive. In fact, "the cost of care can be up to $10,000 a month for care in a nursing home, some more some less depending on the city and state the client receives care in," ...

The cost of nursing homes, assisted living and at-home care is pretty pricy these days. In fact, data shows the average nursing home facility runs seniors anywhere from $8,600 to $9,700 per month.

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 ...

Over half of seniors will need help with eating, getting dressed or other basic activities at some point, according to the U.S. Department of Health and Human Services, and the cost of help continues ...

If you think you’ve saved enough for retirement, you may not be thinking about long-term care. The long-term care industry serves people who cannot perform everyday activities, like dressing or eating ...

The growing population of older Americans is facing unaffordable long-term care. These costs will also burden many younger people caring for older relatives and kin. Government incentives and public ...

In the previous installments of the Essential Pre-Retirement series, I covered when to take Social Security and transitioning to Medicare. Now, let’s move into the final topic covering long-term care ...