by Tonya | Mar 18, 2021 | Long Term Care Insurance, Retirement Planning
Many people are aware that expenses for long term care services can be paid by a HSA – a health savings account established in conjunction with a high deductible medical plan. Fewer people know that long term care insurance premiums are also considered 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 | Dec 30, 2020 | Long Term Care Insurance, Retirement Planning
There aren’t many of us that would ignore the need for health insurance – whether or not there was a government mandate in place. The reason is simple. We know that anything can happen at any time. Even if it makes sense to self-insure minor costs, we know that it...
by Tonya | Oct 1, 2020 | Long Term Care Insurance
One of the reasons that many people dislike insurance is the perception that premiums disappear into thin air – and are almost never seen again in the form of a benefit to the consumer. Imagine if there were an insurance product that took care of this problem. In the...
by Tonya | Oct 1, 2020 | Long Term Care Insurance
From a financial point of view, the best time to buy a long-term care insurance policy is the same as the best time to buy any insurance: right before you need it! That’s the beauty of insurance. It immediately creates a pile of money that is immediately available to...
by Tonya | Feb 12, 2020 | Long Term Care Insurance, Women's Health
Women face unique financial challenges as they age. Compared to men, women live longer, earn less and spend fewer years in the workforce. Exacerbating these realities, females who are divorced, widowed, or otherwise single may have spent their adult years caring for...
