by Tonya | Aug 26, 2021 | Long Term Care Insurance, Retirement Planning
With people living so long, a retirement can often outlast a retiree’s working years. Typically there’s considerable financial preparation that occurs prior to retirement. But despite all the planning, the most overlooked aspect of planning is experiencing an... by Tonya | Jul 15, 2021 | Long Term Care Insurance, Caregiving, Retirement Planning
According to research by LIMRA (previously the Life Insurance Research and Marketing Association), over 43 million Americans are currently acting as unpaid caregivers for a family member. Although we’re living longer, many older Americans often need caregiving help –... by Tonya | May 6, 2021 | Long Term Care Insurance, Retirement Planning
It’s said that the biggest predictor of whether or not someone obtains long term care coverage is if they have had a personal experience. They’ve seen a need for extended care….one that lasted weeks, months, or even years, most commonly with their own parents.... 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...