• Will my children be able

    to afford the care I need?

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How to Participate: National Senior Health & Fitness Day

Time to dust off that thigh master, find that Jane Fonda workout tape, and put on those leg warmers. Wednesday, May 29 is National Senior Health and Fitness Day, where the theme is “Live and Thrive with Exercise” and the goal is about getting – and keeping – older Americans healthy and fit. Organizations will host health and fitness activities focusing on the senior market in their communities and encourage a healthier lifestyle. Continue reading

Can I get Long Term Care Insurance if I’ve had Cancer?

Many people assume that just because they’ve had some form of cancer, that they are no longer eligible for long-term care insurance. Actually, if you’ve strictly followed all treatment, waited an appropriate numbers of years, and are released from a doctor’s care, then there’s a good chance you are eligible. Your best bet is to speak with a specialist who will ask you a series of questions and research which carrier can give you the best coverage for the best cost. Continue reading

Long-Term Care Insurance Specialists Save You Money, Time, and Stress

LTC Specialists

Learning about any type of insurance doesn’t sound like an awesome way to spend an afternoon. Long-Term Care Insurance (LTCI) can be intimidating, and when people start researching, they can quickly get frustrated and overwhelmed. That’s why it’s so important to work with a Specialist who can save you money, time, and stress by guiding you to a long-term care (LTC) plan that fits your needs and budget – all while sitting in the comfort of your own home. Continue reading

Why you should buy long-term care insurance sooner, rather than later

We’ve heard the statistics. 70% of people turning age 65 will need long-term care (LTC) at some point in their lives. 15 million Americans are expected to need LTC by 2050. In 2015 there were $225 billion (Billion! not million) in LTC expenditures in the US. We know we should probably look into purchasing long-term care insurance (LTCI). But what age is the best age to purchase LTCI? Continue reading

Infographic: LTC by the Numbers, Paying for Care

What is the average annual cost of long-term care (LTC)? What’s the difference in cost between assisted living and a private room in a nursing home? What does home health care cost? In our ongoing infographic series, we dig into these answers and more. In our first Infographic this year we explored who needs LTC and how long they need it. In this week’s Infographic we analyze the cost of various types of LTC facilities, and the surprisingly low income we may have in paying for care. Continue reading

Unwanted Prescription Drugs? Dispose at a Take Back Day!

Do you or your elderly loves ones have expired or unwanted prescription drugs taking up valuable bathroom and kitchen cabinet space? This can become a safety issue if small children or pets get into them, or if someone else takes them for recreational use. Luckily Saturday, April 27, 2019 from 10am to 2pm is National Prescription Drug Take-Back Day. This is the DEA’s event which provides an opportunity for Americans to prevent drug addiction and overdose deaths. Continue reading

Short-Term Care Insurance May Be Alternative You’re Looking For

When you consider a long-term care (LTC) insurance policy, do you find yourself thinking any of these things?

  1. LTC insurance is too expensive.
  2. I have too many health issues for LTC insurance.
  3. I was declined for an LTC insurance policy.
  4. I’m too old for LTC insurance.
  5. I can’t believe LTC insurance charges more for women.

If so, then short-term care (STC) insurance may just be the alternate answer you’re looking for. Continue reading

Will today’s LTC Insurance Policies experience Rate Increases?

If you purchase a long-term care insurance (LTCI) policy today, your odds of receiving a rate increase in the future are much less than in year’s past. The American Association for Long-Term Care Insurance (AALTCI) polled close to 80 long-term care (LTC) industry actuaries and found that 79.1% of them believed the likelihood of a future rate increase on presently priced policies was 10% or less. 12.5% of the actuaries believed there was a 20% chance for an increase, 4.2% said 30-40%, and 4.3% said 50% or more. AALTCI Director Jesse Slome said he believes the risk of a future rate increase is zero. Continue reading

How a Bucket List will Improve your Retirement

I celebrated my birthday last month. Not a significant one by any means, but still a nice chance for some reflection and retrospection. In two years I have a big birthday. You know, one of those decade milestones. I find myself wanting to create a bucket list, something to lead up to the event, and then a reason to celebrate. Which got me thinking maybe I should create a new list every decade, always have some new adventure on the horizon, something to work towards, yet attainable. I believe creating a bucket list can improve your life and your retirement. Continue reading

How does long-term care insurance work with health insurance?

How does

Today is the first day of spring. The sun is shining, the birds are chirping, and the flowers are blooming. It’s a beautiful time of year… to think about long-term care (LTC) planning! Some of you may be wondering, “Does my health insurance pay for my LTC needs?” Or, “Does my long-term care insurance (LTCI) pay for my medical needs?” The short answer is, unfortunately, not necessarily. Both insurances are important, but they cover very different things. Continue reading