Archive for the ‘Long Term Care Insurance’ Category
Friday, April 4th, 2008
As millions of Baby Boomers head into their retirement years, it’s surprising how few actually know that the government provides little more than a few weeks of financial support for home-based or nursing home care when the average person needs it for at least a year.
A 2006 Genworth Financial Survey ...
Posted in Long Term Care Insurance | No Comments »
Friday, January 20th, 2006
There was a time when family members – grandparents, parents and children alike – lived in close proximity to each other, often in the same house. But that was then and this is now. And now, it’s becoming increasingly common for family members to live in different parts of the ...
Posted in Long Term Care Insurance | No Comments »
Friday, January 20th, 2006
Of all the changes that come in retirement, few are likely to give you more concern than dealing with money. Your concern is, of course, understandable and widely shared because so much of what will happen is unpredictable. That’s especially true of how long and how well you may live—whether ...
Posted in Healthcare, Long Term Care Insurance | No Comments »
Wednesday, July 20th, 2005
On April 20, 2005, President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPA). The new law generally makes it tougher for people to protect their assets, but there are some exceptions. For instance, IRAs, fast becoming the biggest asset people have, actually receive ...
Posted in Asset Protection, IRAs, 401(k)s, 403(b)s, TSP(s), Long Term Care Insurance | No Comments »
Friday, April 1st, 2005
Despite persistent and strong advice to the contrary, many consumers in their mid-fifties and older have remained stubbornly reluctant to buy long-term care insurance. An alternative for the reluctant may be policies that piggyback LTC coverage with life or annuity policies?though many financial planners believe stand-alone LTC coverage is usually ...
Posted in Long Term Care Insurance | No Comments »
Tuesday, February 1st, 2005
Workers retiring early typically worry about how much they’ll have to stretch their limited retirement dollars so as not to run out of money. That’s certainly an important concern. But many early retirees overlook another major issue: adequate insurance, particularly medical.
Workers retire early for two major reasons: they are psychologically ...
Posted in Healthcare, Long Term Care Insurance | No Comments »
