by Tonya | Apr 28, 2022 | Long Term Care Insurance, Long Term Care Costs
I was interviewed by Sagewell Financial, an online platform, for their April ’22 newsletter targeting baby boomers. In the article, I speak about the right time to plan for an extended care need, and who might benefit from a formal long term care plan. Long-Term...
by Tonya | Feb 3, 2022 | Long Term Care Costs, Long Term Care Insurance
Since many taxpayers are now preparing their 2021 taxes, I wanted to take a moment to remind you about the tax deduction that you may be able to take for long term care insurance premiums. Long term care insurance is unusual in that not only are benefits typically...
by Tonya | May 19, 2021 | Long Term Care Insurance, Long Term Care Costs
Imagine if your grown children someday might be held responsible for your long term care expenses. If you’ve thought about how to fund these expenses in the future, but you never made a plan to adequately address a huge bill toward the end of your life, it’s a...
by Tonya | Jan 14, 2021 | Retirement Planning, Long Term Care Costs, Long Term Care Insurance
The question of whether or not to self-insure for long term care costs is a popular one. The answer is deceptively simple: Someone can self-insure the cost of long-term care if they have enough unearned income – and/or assets they can sell and are willing to sell –...
by Tonya | Oct 1, 2020 | Long Term Care Costs
It’s difficult to plan a smart funding solution if you don’t know the cost of something. The lack of understanding of actual long term care costs is one of the major reasons many people don’t make long term care planning a priority. Since virtually all long term care...
