In my 34 years of advising retirees and those transitioning into retirement, I have not seen a stock market drop cause anyone with a properly managed and diversified portfolio and reasonable spending ...

Why we chose it: We chose New York Life as the best long-term care insurance company for financial stability because it has ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

For Laurie Craigen, the realities of senior medical costs hit hard when her grandmother needed hospice care. “It was a stressful time for the family because we were trying to figure out how to keep ...

Retirement planning is challenging. One of the biggest challenges is figuring out how to pay for long-term care costs. According to research from the Boston College Center for Retirement Research, ...

Forbes contributors publish independent expert analyses and insights. I cover tax, budget and retirement policy from Washington Three things are true about long-term care, though many Americans don’t ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Planning for retirement isn't just about how much you've saved. It's also about how you'll handle the expenses you can't fully predict. And, one of the biggest unknowns for older Americans today is ...

High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.

Many older Americans should review whether their estates or adult children might be required to pay for long-term care they ...

“When you get older, you have a lot of idiosyncratic health risks. There might be a few retirees with spectacular health costs, and their spending dramatically increases.” That was retirement ...