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...
Jan 12, 2023 | Long Term Care Insurance
It’s funny how we see ourselves today and make assumptions about how we’ll be in the future. How many times have I heard “I exercise, eat right, and am in great health” from many of the people that I speak with? While it may be true that a person’s overall health is...
Oct 13, 2022 | Long Term Care Costs, Long Term Care Insurance, Retirement Planning
Many people think they’ll self-fund for long term care. But here are factors they typically fail to consider: Their spouse. Self-funding long term care expenses for one spouse has the potential to deplete assets for the other spouse. If a husband or wife passes...
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...
Nov 1, 2021 | Long Term Care Insurance, Retirement Planning
Congrats. You purchased a long term care insurance policy years ago…..but when was the last time you revisited it? A periodic check-up of your LTC insurance policy is always a good idea, whether it’s a traditional policy or a hybrid plan with a death benefit included....
Oct 25, 2021 | Long Term Care Insurance, Retirement Planning
Once it has been determined that someone is health-eligible to purchase long term care (LTC) insurance, plan design begins. Although plan designs and available riders do vary somewhat between insurers, here are the primary design considerations: Monthly benefit...
