Aug 22, 2024 | Long Term Care Insurance, Retirement Planning
Have you ever thought about the need for financial protection from an unexpected health change, but are reluctant to pay a new premium? Recently there’s been some buzz about a “new” way to pay for LTC insurance: using retirement funds to pay the...
Feb 22, 2024 | Long Term Care Insurance, Caregiving, Retirement Planning
Two different families. Two different outcomes. Within my own family is a couple; he’s turning 97 and she’s 91. Living a very long life is more of the norm these days. His dementia (now advanced) had been progressing for years. Her Alzheimer’s...
Jan 25, 2024 | Long Term Care Costs, Long Term Care Insurance
Since many taxpayers are now preparing their 2023 taxes, I wanted to take a moment to provide information about a tax deduction that some people can take for long term care insurance premiums. Long term care insurance is unusual in that not only are benefits typically...
Oct 4, 2023 | Long Term Care Insurance, Retirement Planning
Long term care insurance can be a confusing topic with many misconceptions surrounding it. Here are the top 10 myths about long term care insurance: Myth #1: Long term care insurance is only for the elderly.Fact: Anyone can require long term care at any age due to...
May 18, 2023 | Long Term Care Costs, Long Term Care Insurance, Retirement Planning
I’m frequently asked “When is the best time to look into long term care protection?” Although there’s no universal ideal time, here are some key points to consider: 1) The ideal time to explore options is when someone is in a position to be...
Mar 23, 2023 | Long Term Care Insurance
Many parents of special needs children are painfully aware of the need to do planning. They understand that, as their child matures and as they age, they may not be able to either financially or physically be their child’s full-time caregiver. The world of special...
