Long-Term Care Insurance

  • As America Ages, Long-Term Care Costs Could Overwhelm Most Families As America Ages, Long-Term Care Costs Could Overwhelm Most Families

    The burgeoning care-needs of an aging population often means working Americans will bear the brunt of the costs and obligations

    The number of Americans age 65 and older is on track to double -- from 46 million now to over 98 million in 2060, when today's 20-somethings will be turning 65. At that time the 65-plus age group's share of the population will have jumped to 24% from 15% today. read more
  • Living Older, Living Poorer – Living Older, Living Poorer –

    Financial disaster is often only one setback away

    by Martin F. Lowenthal, AEP®, MSIM, CLU®, CHFC®, RICP®, CLTC

    The United States has the world's highest number of centenarians, yet just over half of those aged 55 or older have less than $25,000 in retirement savings, and 14% of boomers have no retirement income at all read more
  • For LTCi, It’s All About Facing The Issues For LTCi, It’s All About Facing The Issues

    It's easier to plan for Long-Term-Care if we confront our personal concerns first

    Last year the U.S. Department of Health & Human Services issued a report about Americans' concerns and actions related to long-term care (LTC), also referred to as long-term services and supports (LTSS). read more
  • Be Alert for a Job Offer You Can’t Refuse: Unpaid Caregiver Be Alert for a Job Offer You Can’t Refuse: Unpaid Caregiver

    You can't say no, but the job needn't be full-time and upend your life

    "America faces a senior health crisis that is also an employment crisis," says Denise Gott, CEO of ACSIA Partners, one of the nation's largest long-term care insurance agencies. read more
  • Women over 50 favor home-based long-term care but fear costs Women over 50 favor home-based long-term care but fear costs

    New Nationwide LTC Rider II can provide flexibility on caregiving expenses

    As long-term care costs continue to increase, a newly released survey shows that two in three women over 50 (67 percent) prefer to receive this care at home during retirement, but more than half are skeptical of that outcome. read more
  • The Missing Piece of a Financial Wellness Programs The Missing Piece of a Financial Wellness Programs

    How LTCi can round out, and protect, the best made plans

    by Steve Cain, CLTC

    Workplace financial wellness programs are growing in popularity among employers and employees alike. Both groups recognize the negative effects that employee financial stress can have on worker morale and productivity. read more
  • A Continued Rise in Long-Term Care Costs in State-by-State Comparison A Continued Rise in Long-Term Care Costs in State-by-State Comparison

    Advisors help clients with long-term care planning by analyzing average costs for types of care across the nation

    Lincoln Financial Group’s (NYSE:LNC) annual What Care Costs study finds that national averages for long-term care expenses range from $47,840 for a full-time home health aide to $102,911 for a private room in a nursing home, which can differ significantly by state. read more
  • Managing Long-Term Care Spending Risks in Retirement Managing Long-Term Care Spending Risks in Retirement

    Asset-based policies provide a viable alternative for those seeking long-term care insurance

    by Wade D. Pfau, Ph.D., CFA and Michael Finke, Ph.D., CFP®

    All retirees must plan today for the possibility that they will experience significant long-term care health expenditures. large unplanned expenses, such as those relating to long-term care, have the potential to wreak havoc on a retirement income plan. read more
  • Caring for Elders with Dementia Caring for Elders with Dementia

    Tips for Family Members

    Someone in the United States develops dementia every 66 seconds. The diagnosis is devastating for those who have the disease and also imposes a crushing burden on their families. read more
  • All LTCi Protection Is Not Created Equal All LTCi Protection Is Not Created Equal

    

Asset-based long-term care stands out as leading option for consumers

    A new white paper authored by Wade Pfau, Ph.D., CFA, and Michael Finke, Ph.D., CFP® explores the impact of various types of long-term care (LTC) protection on retirement income and offers insight into the reasons consumers choose to either purchase or avoid certain types of LTC protection. read more
  • Examining the Financial Security Challenges of Americans with Special Needs Examining the Financial Security Challenges of Americans with Special Needs

    Voya Financial research further identifies a complex challenge, affecting some 65 million Americans

    Voya Financial, Inc. (NYSE: VOYA), today released a white paper discussing the many economic and emotional challenges faced by Americans with special needs and their caregivers and how employers can help ease those challenges. read more
  • The Persistence of ‘Need’ The Persistence of ‘Need’

    Don’t Lose the [LTC] Forest for the [LTCI] Trees

    by Bob Vandy, CLU, ChFC, LUTCF, CLTC

    As we wrap up 2016, and begin to look toward 2017, here are some things to keep in mind about coverage concerns, and how we might actually use them to have productive planning conversations with those same prospects and clients. read more
  • Trump Medicaid Plan Could Force Service Cuts, Higher Taxes Trump Medicaid Plan Could Force Service Cuts, Higher Taxes

    'Block Grants’ alter the funding picture

    by John W. Schoen

    The new Donald Trump administration may soon force states to cut spending on services or raise taxes. That's because the president-elect wants to overhaul the way the federal government pays for state-provided Medicaid health-care coverage. read more