Many older adults have concluded that they’re better off covering long-term care expenses out of their own pockets if they end up needing it. Years of rising premiums on long-term care insurance, ...

As you age, your need for assistance, whether it be at home or in a nursing home or assisted living facility, increases. Given the prevalence of long-term care services being required, it's no ...

Demand and costs for care are rising at the same time that a labor shortage threatens to worsen. How can you plan for this need now? By Mark Miller Samir Shah is a forecaster — but he’s an expert on ...

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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

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 ...

Forbes contributors publish independent expert analyses and insights. John Samuels is the Founder/CEO of Wellworth healthcare advisory firm. Time is running out to prepare for America’s caregiving ...

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 ...

If you think you’ve saved enough for retirement, you may not be thinking about long-term care. The long-term care industry serves people who cannot perform everyday activities, like dressing or eating ...

I often talk about “bucketing”—structuring a portfolio based on anticipated spending needs—in relation to overall retirement spending. Parking near-term spending needs in cash, intermediate-term ...

Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. Credit: Shahrzad Rasekh / CT ...

Holly Lewis has already seen what happens when a nursing home has staffing troubles. Five years ago, as the COVID pandemic raged, Lewis watched institutional knowledge disappear from her mother’s ...