Can I Use My Long-Term Care Insurance in a CCRC?

This is a question I am often asked, and it seems I’ve been getting the question with more frequency lately. Although I’ve written on this topic a few times before, I want to give a concise overview of what you need to know about using your long-term care insurance policy in a CCRC, including some [...]

By |2023-08-03T09:41:39-04:00December 16th, 2019|

Examining Key Figures on Long-Term Care Insurance

Last year, 350,000 Americans bought a long-term care insurance (LTCi) policy, and over 7 million people currently maintain a policy. This is a fairly low adoption rate given that there are over 80 million Americans who are age 55+. Recent data from the American Association for Long-Term Care Insurance (AALTCI) reveals some interesting facts about [...]

By |2023-08-03T09:41:42-04:00October 28th, 2019|

Cost of Senior Care vs. Access to Senior Care

During my years as a financial planner I would often hear people in retirement say that they had already planned for the latter stages of retirement because they had purchased long-term care insurance. In fact, there was a time when I, too, felt that owning long-term care insurance was a plan.

By |2023-08-05T21:18:08-04:00November 19th, 2014|
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