How to Talk to Aging Parents about Long-Term Care

Talking to your aging parents about long-term care can be tough. Most seniors shun the idea of talking about their future plans especially their finances. In fact, around 45% of adult children have talked to their aging parents about their plans when they can no longer take care of themselves. And only 30% have discussed… read more

Facing high long term care cost is a nightmare everyone wants to avoid, particularly baby boomers. America’s baby boomers have reached its greatest height with 76 million entering their retirement years and 70% of them will require some form of long term care. Unfortunately, most baby boomers are not prepared to pay for long term… read more

As we start a New Year, it’s the perfect time to think about your financial safety, particularly about owning long term care insurance. 2019 is still young, which gives you an opportunity to address your future long term care needs. According to Association for Long Term Care Planning, around 7 out of 10 of Americans… read more

Long term care insurance is a wise investment for most Americans today given the scenario that they are getting older – 70% of Americans 65 and up will need long term care and will most likely require expensive long term care. You don’t have to worry about paying for care out-of-the-pocket or becoming a financial… read more

November is Long Term Care Awareness Month, a month dedicated to educating Americans about the financial and emotional burden that long term care may bring to them or their families. Our goal is to raise awareness to help Americans realize the importance of planning for long term care early since many of them lack the… read more

Are you still in limbo whether you should buy long term care insurance before age 50? Better make up your mind now and buy coverage to avoid paying for expensive long term care cost out-of-the-pocket. It’s hard to fathom the financial strain of long term care now, but by looking at the latest cost of care… read more

This retirement for dummies guide will come in very handy during the last 10 years of your career, which is critical in shaping your life after retirement. Your future is in your hands and that’s why you need to focus on crafting the best retirement plan and implementing your strategies. It’s easier said than done… read more

Last Updated On:   One of the most overlooked factors when planning for retirement is helping elderly parents financially. Most often than not, people are too consumed to meet their goals by saving enough for their future to have a comfortable retirement that they forget to check on their aging parents. If your parents’ savings… read more

Asking these retirement questions can help you find out if it is really worth it to buy long term care insurance. You will have to learn first all the facts, pros and cons before you think about purchasing a policy. Retirement Questions to Help You Understand Long Term Care Insurance Are you living a healthy… read more

  There is still an ongoing debate regarding the answer to this question, “should I buy long term care insurance even if I can afford care?”   Some would claim that they have more than enough to cover their future long term care needs and therefore they don’t need to get coverage for long term… read more