Most retirees prefer to live in their home for as long as possible. The idea of “aging in place” and staying in your home can be symbolic of maintaining your independence. However, to paraphrase John Lennon, “life happens,” so it is wise to have a back-up plan.

If there is one thing I have learned over the last couple of years it is that there is mass confusion among the public- older Americans and adult children alike- when it comes to the different types of retirement communities and care facilities. Ask ten people to describe the difference between “active adult living” versus [...]

Planning ahead for the later stages of retirement involves significantly more than this issue of cost alone. While LTCi will provide dollars to cover some or all of the cost of long-term care major headaches may still lie ahead for your clients and their families if they do not understand the implications of various retirement living choices and which one is most appropriate for them.