As millions of people approach their pre-retirement years, life insurance as an income replacement hedge may become less of a necessity.

FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...

Having a plan for how care can be obtained and paid for can make it more manageable and less damaging to a family’s finances.

“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 ...

Stand-alone long-term care insurance policies have been waning in popularity, owing to a combination of skyrocketing premiums and difficult claims experiences by consumers. In their place, so-called ...

Imagine that you’re 68 years old and have a long-term care insurance policy in place that will help you pay for this ...

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 ...

Americans have a good chance of living well into old age these days, which is something to cheer about. But it also raises serious concerns for those who haven't planned for the possibility of ...

Few things can disrupt a retirement like the need for long-term care. Long-term care comes into play when you need help with daily living activities such as bathing, eating or dressing. The cost of ...

One man in Connecticut, a former insurance executive himself, is taking on a multi-billion-dollar portion of the insurance industry. His own long-term care policy premium has gone up nearly 300% from ...

Directing payments to taxpayers would incentivize Americans to curb healthcare spending and would give them leverage with ...

Such tax-advantaged accounts are used to save money to pay for medical expenses and generally are used in conjunction with a ...