Long term care insurance, specifically hybrid policies, can help baby boomers afford the kinds of devices that support independence as they age, while protecting savings and providing flexibility ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a licensed long-term care insurance specialist review its answer line by line.

Long-term care insurance offers financial protection for future healthcare needs, but weighing the premiums against potential ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. Long-term care (LTC) and insurance for it (LTCI) are two of the most ...

Dear Savvy Senior: My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. Is long ...

It happens more often than you might think. Your parents purchased a long-term care insurance policy many years ago. They are aging, and you are starting to worry more about them being home alone. The ...

“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 ...

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 ...

The U.S. Department of Health and Human Services (HHS) recently released some sobering news for Americans regarding long-term care. The news, which resulted from an analysis of risks related to ...

Even people who have well-developed investment plans have seen these fail for reasons that have nothing to do with the investments themselves. For instance, someone’s plans could fall through because ...

The duration and level of long-term care a person may need varies widely and often changes over time, according to the Administration for Community Living (ACL). On average, someone turning 65 in 2020 ...